News & Analysis as of

Outsourcing Financial Services Authority

Katten Muchin Rosenman LLP

FSA Expresses Concerns About Outsourcing by Asset Managers

On December 11, the UK Financial Services Authority (FSA) published a “Dear CEO” letter which had been sent to the CEO’s of regulated asset managers outlining its concerns about asset managers’ outsourcing arrangements....more

Pillsbury - Global Sourcing Practice

The UK Financial Services Authority issues warning on outsourcing

The FSA has written a 'Dear CEO Letter' warning that the asset management industry does not have "effective recovery and resolution plans" in place should an outsourcing provider face financial distress or severe operational...more

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