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Outsourcing and third party risk management: The PRA's stance on risk and controls This briefing looks at the PRA's Policy Statement on outsourcing and third party risk management (PS7/21) and accompanying Supervisory Statement (SS2/21) which ‘clarifies, develops, and modernises’ longstanding regulatory requirements... Global Investigations Bulletin (May 2021) Our latest Global Investigations Bulletin for May 2021 is now available. This month, we review corporate convictions for bribery in the UK, set out the latest news in global investigations and enforcement actions, and provide key horizon scanning updates... Europe's Groundbreaking Draft Artificial Intelligence Act The EU broke new ground on 21 April 2021 by issuing the draft of its proposed harmonised legal framework on AI (the "AI Act"), the first attempt worldwide to specifically regulate this rapidly developing and often misunderstood branch of... Asset Management – Hot Topics, Spring 2021 Against the backdrop of COVID-19 and the end of the Brexit transition period, the Spring 2021 edition of our Asset Management – Hot Topics series discusses some of the significant developments currently affecting the sector. Welcome to the Spring... Pensions Bulletin - March 2021 In this month’s Pensions Bulletin, we consider three significant consultations regarding the Pension Regulator (TPR) and its powers: the proposed approach of TPR to the new criminal sanctions under the Pension Schemes Act 2021 (PSA), the draft... Data Privacy Newsletter - March 2021 Selected legal and regulatory developments in data privacy for March 2021 We were all relieved last week when the European Commission announced that they had published draft adequacy decisions for transfers of personal data to the UK. The news is... Climate risk and the Pension Schemes Act Subject to approval by Parliament, detailed new requirements for trustees of larger occupational pension schemes to manage, and disclose their approach to, climate-related risks and opportunities, will come into force in October 2021. The proposals are... Data Privacy Newsletter - Issue 14 Slaughter and May Data Privacy Newsletter - Issue 14. Selected legal and regulatory developments in data privacy - November 2020. On behalf of the whole team at Slaughter and May, I hope you are still keeping safe and well during these challenging... EFIG: European Banking Newsletter - October 2020 Developments in this month's edition include: Cyber resilience – ECB launches new initiative to facilitate cyber information and intelligence sharing Close cooperation – ECB lists Bulgarian and Croatian banks it will directly... The perils of data: are mass claims for data privacy breaches the new norm? Bigger claims and bigger damages; handling collective actions in a world of third party funding and increased individual awareness A version of this article first appeared in the Privacy Laws & Business UK Report, Issue 112 (November...