On 29 January 2021, the Kemp Little team joined Deloitte Legal. Click here to view the press release.

As of 30 January 2021, Kemp Little LLP ceased to operate as a firm of solicitors and practice law and ceased to be regulated and authorised by the Solicitors Regulation Authority.

Kemp Little LLP has been re-named KL Heritage LLP.

If you are looking to contact a specific individual to seek legal advice or in respect of any other business relationship, please contact Deloitte Legal.

If you are seeking to contact the old Kemp Little LLP in relation to a previous business relationship or matter, please get in touch with KL Heritage LLP.

For enquiries relating to Kemp Little technology products and training portal, please email deloittelegal@deloitte.co.uk

 


 

Kemp Little is a trade name used under licence by KL Heritage LLP (formerly Kemp Little LLP, registered number OC300242 and VAT number 182 8854 65).

On 29 January 2021, the Kemp Little team joined Deloitte Legal.  As of 30 January 2021, Kemp Little ceased to operate as a firm of solicitors and practice law. From this date Kemp Little ceased to be authorised and regulated by the Solicitors Regulation Authority and is being re-named KL Heritage LLP.

All references to Kemp Little herein are references to KL Heritage LLP, which used to carry on business in that name.

KL Heritage LLP is not connected to or associated with Deloitte Legal or Deloitte LLP in any capacity.

 

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Everything you want to know about EBA outsourcing

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The European Banking Authority’s (EBA) Guidelines on outsourcing arrangements (Guidelines) came into effect on 30 September 2019. They are broader in scope than previous regulatory guidelines on outsourcing in the financial services sector and now apply to payment institutions and e-money institutions as well as credit institutions and investment firms.

The scope of the Guidelines means that many fintech businesses will be subject to detailed regulatory guidance on outsourcing for the first time. The Guidelines supersede the CEBS Guidelines of 2006 and the EBA’s Recommendations on Cloud Outsourcing of 2017

Some key points to note about the Guidelines are available here.

We have developed an EBA Guidelines Toolkit to support firms in complying with the Guidelines. Our toolkit includes:

  • EBA-compliant outsourcing contract terms
  • Supplier due diligence checklist
  • Template Outsourcing Policy
  • Guidelines and checklist for criticality assessments
  • Access to our online Outsourcing Register based on Kemp Little’s award-winning* 4 Corners software platform.

*Winner of the Financial Times Innovation in the Business of Law: Technology FT Innovative Lawyers 2019

Please speak to a member of our Sourcing or Financial Regulation teams if you would like to discuss the EBA Guidelines or find out more about our EBA Guidelines Toolkit.

Need to talk about this?

Paul O’HarePaul O’Hare is the head of sourcing View the team

Jake GhantyJake Ghanty is the head of financial regulation and a commercial technology partner View the team

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25 September 2019 EBA Outsourcing Guidelines – a reminder

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Kemp Little LLP is a limited liability partnership registered in England and Wales (registered number OC300242) and is authorised and regulated by the Solicitors Regulation Authority. Its registered office is 138 Cheapside, London EC2V 6BJ. The SRA Standards and Regulations can be accessed by clicking here.

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