Overreliance on outsourcing is a growing risk for asset managers

Regulators are turning their attention to reliance on outsourcing – but there may be little that asset managers can do to reverse the trend, even if they wanted to

hand-outsource

The systemic risk resulting from outsourcing remains firmly on the agenda of UK regulators. In a letter to chief executives in December 2012 the Financial Services Authority (now succeeded by the Financial Conduct Authority and the Prudential Regulation Authority) asked asset managers to examine contingency plans for outsourcing arrangements. An event to facilitate an exchange of views from both service providers and asset managers is expected to follow.

Susan Wright, senior regulatory adviser

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here