News & Analysis as of

Outsourcing

Morgan Lewis - Tech & Sourcing

Upskill, Reskill, or Outsource? Different Approaches with Similar Goals for Companies

Emerging technologies, including readily available, highly competent generative artificial intelligence (AI), have raised questions about the future of work. To adapt to these changes and stay ahead of future challenges,...more

Womble Bond Dickinson

Overseas employees and contractors pose increased risks of data breach

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As data breach litigation continues to increase, companies need to worry about a new point of vulnerability - overseas employees.  Many large companies outsource customer services to India and other low-cost providers to take...more

Hogan Lovells

Employment in the news | May 2025

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In a busy month in the courts and tribunals, an employer was liable for psychiatric injury caused by a flawed disciplinary process. The High Court found that TUPE didn’t transfer an employer’s vicarious liability for an...more

Conyers

Understanding Outsourcing Obligations for Cayman Islands Funds

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It has been two years since the Cayman Islands Monetary Authority (CIMA) introduced its Rule on Corporate Governance for Regulated Entities (the “Corporate Governance Rule”), and a year and a half since it came into force....more

Morgan Lewis - Tech & Sourcing

Contracting for Technology and Services in an Uncertain Landscape: Part One

Chicago recently experienced its first dust storm since 1934, resulting in low to zero visibility in some parts of the city. Outsourcing and technology deals are increasingly done in “dust storm-like” conditions, with low to...more

Integreon

Why Outsourcing Creative Services Makes Sense: A Strategic Approach to Accelerate Global Sales

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Strategic sales teams know that speed and consistency aren’t just nice to have – they are essential. But when creative resources are stretched thin or siloed in marketing, sales enablement efforts can stall. The result?...more

Latham & Watkins LLP

OCC Affirms Banks Can Engage in Crypto Custody and Execution Activities

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The federal banking agencies continue to open the channels for regulated entities to engage in digital asset activities. On May 7, 2025, the Office of the Comptroller of the Currency (OCC) published Interpretive Letter...more

Carey Olsen

Bermuda investment funds - Spring 2025 update

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Our investment funds team outline the latest developments within the investment funds market in Bermuda, covering the Bermuda Monetary Authority ("BMA") business plan 2025, BMA Consultation Paper - operational resilience and...more

Stikeman Elliott LLP

CIRO Publishes Phase 5 of its Rule Consolidation Project

Stikeman Elliott LLP on

The Canadian Investment Regulatory Organization (“CIRO”) has published for comment Phase 5 of its rule consolidation project (the “Rule Consolidation Project”). Phase 5 involves rules relating to outsourcing and service...more

Womble Bond Dickinson

DoD Workforce Transformation and Strategic Implications for Defense Contractors

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The Department of Defense has initiated a far-reaching transformation of its civilian workforce through the Workforce Acceleration and Recapitalization Initiative, formalized in the Deputy Secretary of Defense memorandum...more

Morgan Lewis - Tech & Sourcing

Next Gen Outsourcing Its About Transformation

The leveraging of outsourcing engagements to implement and support digital transformation solutions is emerging as the foundation for the next generation of outsourcing. Digital transformation is a critical part of many...more

A&O Shearman

ESMA 2024 CCP peer review report

A&O Shearman on

The European Securities and Markets Authority (ESMA) has published its 2024 peer review report in respect of central counterparties (CCPs), as required by Regulation (EU) No 648/2012 (EMIR). The focus of the report is...more

Hogan Lovells

UK government asks for input on equality law changes

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The government’s call for evidence on equality law outlines its equality policy objectives. Responses will influence the Equality (Race and Disability) Bill. Key objectives include making equal pay rights effective for...more

Morgan Lewis - Tech & Sourcing

Outsourcing Update: The Convergence of Business Process Outsourcing and Digital Enablement

Gone are the days when a company could outsource the “people” that perform a business process without considering, and likely including in the outsourcing arrangement, the digital enablement of the underlying workflows and...more

Morgan Lewis - Tech & Sourcing

Business Process Outsourcing on the Rise: Opportunities and Challenges

The business process outsourcing (BPO) market is growing at an unprecedented rate as technological advancements transform traditional BPO models to keep up with evolving business needs. As BPO service providers implement and...more

Morgan Lewis - Tech & Sourcing

The Rise of the Global Capability Center: Key Considerations

Interest in offshore business centers, commonly known as global capability centers (GCCs), continues to rise as US companies across industries look to establish overseas offices and hire skilled workers to support critical...more

Integreon

"Two, not Three"...Less can Lead to More

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Hello again! Welcome back to Scaling Greatness, a newsletter from Integreon focusing on amplifying business excellence and innovation....more

Morgan Lewis - Tech & Sourcing

Personnel Considerations in Outsourcing Transactions

Each outsourcing transaction has its own unique characteristics and business drivers and, therefore, will include its own deal-specific terms. A key initial consideration to think about when beginning an outsourcing...more

Morgan Lewis - Tech & Sourcing

The Devil Is in the Details: Key Thoughts on Compliance Provisions

In the current, highly competitive, business landscape, businesses face the challenge of optimizing efficiency, enhancing productivity, and reducing costs, all while maintaining the quality of their services. One of the...more

Walkers

A comprehensive guide to the BMA's proposed new Operational Resilience and Outsourcing Code

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In response to the increasing interconnectedness of financial service providers across global networks, the BMA is proposing to implement a new Operational Resilience and Outsourcing Code for regulated entities across all...more

Morgan Lewis - Tech & Sourcing

Outsourcing and Technology 2025: Key Takeaways

On January 8, 2025, partners Doneld Shelkey, Mike Pierides, and Marina Aronchik presented an Outsourcing and Technology 2025 webinar as part of the Morgan Lewis Tech & Sourcing Webinar Series: Data 2025....more

Morgan Lewis

Outsourcing and Technology Transaction Outlook for 2025

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The landscape for outsourcing, technology, and artificial intelligence (AI) transactions continues to undergo significant transformations as businesses navigate technological advancements, regulatory changes, and data privacy...more

Cadwalader, Wickersham & Taft LLP

The UK’s Banking Regulator Looks to Increase Its Receipt of Operational Incident Information

The UK’s Prudential Regulation Authority (“PRA”) has issued a consultation paper on proposals for rules and expectations for regulated firms to report operational incidents and material third-party arrangements (the “CP”) in...more

Epiq

Supporting the Hybrid Work Environment: Three Market Trends (updated)

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The business world has changed drastically over recent years. A hybrid work model is now the new norm—especially in corporate settings. This hybrid workplace model blends remote and in-office working arrangements, offering...more

Zelle  LLP

AI Update: AI and Insurance - Predictions for 2025

Zelle LLP on

As set forth in the prior articles in the AI Update column of the Lonestar Lowdown, the insurance industry has adopted and implemented Artificial Intelligence in numerous ways. As this trend continues, Insurance Newsnet has...more

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