Beyond outsourcing: fintechs and the new OSFI B-10 guideline

As lines blur between fintechs and regulated financial institutions, players are seeing increased regulatory focus and, as a result, heightened risk. Join us as we explore issues affecting fintechs and discuss how they can successfully navigate new regulatory requirements and supervisory interventions.

Beyond outsourcing: fintechs and the new OSFI B-10 guideline

With its recent revisions to Guideline B-10, OSFI has extended the guideline’s scope from material outsourcing to all third party arrangements, regardless of whether the activities performed by the third party can be considered “outsourcing”.  This update will impact fintechs that have entered, or are contemplating entering, into an arrangement with a federally regulated financial institution.

Join our panel as they discuss what this means for fintechs and financial institutions—and how they can navigate data security, incident management, controls on subcontracting, and audit rights.

This session will be presented in English.

Time: 12:00 – 1:00 p.m. EDT Presentation 
11:45 a.m. EDT Webinar opens

New York: This program contains 1.0 Areas of Professional Practice credit. This course content is appropriate for transitional and non-transitional attorneys.
Ontario: This program is eligible for 60 Substantive minutes.

Be sure to check out the other sessions in this series over at torys.com/webinars.