Firms regulated by the Financial Conduct Authority (FCA) are more commonly making outsourcing arrangements which affect how they comply with the CASS rules and the FCA is increasingly focussing on this area. While initial work by the regulator considered resilience risk as well as monitoring and oversight, there has been more focus recently on CASS outsourcing arrangements. As cloud outsourcing becomes a bigger issue within the CASS audit, the guidance in this helpsheet equally applies to these arrangements.
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