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UK: FCA and PRA fines highlight firms’ accountability for failures of their outsourcing providers

www.cms-lawnow.com/regzone/articles/2019/june/fca-and-pra-fines-highlight-firms-accountability-for-failures-of-their-outsourcing-providers hsfnotes.com/fsrandcorpcrime/2019/06/04/retail-bank-fined-1-89m-by-fca-and-pra-for-outsourcing-failings/#page=1 www.dentons.com/en/insights/articles/2019/june/6/bank-fined-as-fca-and-pra-focus-on-outsourcing-failures www.natlawreview.com/article/outsourcing-failures-leave-raphaels-bank-189m-fine www.rpc.co.uk/perspectives/financial-services-regulatory-and-risk/fca-and-pra-jointly-fine-bank-for-repeated-outsourcing-failings/www.fca.org.uk/news/press-releases/fca-and-pra-jointly-fine-raphaels-bank-1-89-million-outsourcing-failings www.shlegal.com/insights/raphaels-falls-foul-of-the-regulators'-outsourcing-requirements-once-again-how-to-avoid-the-regulators-glare-and-what-lies-aheadwww.mofo.com/resources/publications/190718-technology-outsourcing.html See also: innovation.slaughterandmay.com/post/102flih/reviewing-robots-governance-over-ai 0
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Bermuda: Changes to Beneficial Ownership Regime

thewire.conyersdill.com/17/664/april-2018/conyers-dill-and-pearman—alert—changes-to-bermuda-s-beneficial-ownership-regime.aspwww.careyolsen.com/briefings/deadline-approaches-compliance-beneficial-ownership-regimemaples.com/en/Knowledge-Centre/Industry-Updates/2019/04/Central-Register-of-Beneficial-Ownership-of-Corporates-Deadline-for-filing-November-2019—Irelandwww.careyolsen.com/briefings/bermuda%E2%80%99s-beneficial-ownership-registers-and-privacy-status-update-and-further 0
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UK: FCA guidance on SM&CR Statements of Responsibilities and Responsibilities Maps for solo-regulated firms

www.macfarlanes.com/what-we-think/in-depth/2019/investment-management-update-13-march-2019/#SMCRwww.fca.org.uk/publications/finalised-guidance/fg19-2-smcr-guidance-statements-responsibilities-and-responsibilities-maps www.bakermckenzie.com/en/insight/publications/2019/04/senior-managers-and-certification-regime www.shlegal.com/insights/sm-cr-extension-issues-for-solo-regulated-firms-to-consider-as-implementation-date-approacheswww.ukemploymenthub.com/smcr-optimisation-and-final-rules www.tltsolicitors.com/insights-and-events/insight/does-the-smcr-need-more-teeth-fca-priorities-series-part-2/ Update:www.jdsupra.com/legalnews/fca-confirms-smcr-optimisations-86045/hsfnotes.com/fsrandcorpcrime/2019/08/05/fca-publishes-latest-policy-statement-and-near-final-rules-on-smcr/ www.shlegal.com/insights/fca-publishes-final-rules-confirming-amendments-to-the-smcr www.rpc.co.uk/perspectives/financial-services-regulatory-and-risk/the-senior-managers-and-certification-regime-the-final-countdown/ See also: www.jdsupra.com/legalnews/fca-warns-of-significant-weaknesses-in-45280/ www.hoganlovells.com/en/blogs/fision/fca-to-increase-focus-on-smcr-conduct-rules FCA publishes findings of Senior Managers and Certification Regime stocktake report 0
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