Tag: Outsourcing

B-10 Outsourcing Guideline applies to cloud computing says OSFIB-10 Outsourcing Guideline applies to cloud computing says OSFI



Yesterday, OSFI released a memorandum reminding financial institutions that its outsourcing B-10 Guideline applies to new technology-based outsourcing arrangements including cloud computing. In the short memorandum, OSFI stated the following:

Information technology plays a very important role in the financial services business and OSFI recognizes the opportunities and benefits that new technology-based services such as Cloud  Computing can bring; however, FRFIs should also recognize the unique features of such services and duly consider the associated risks.

As such, and in light of the proliferation of new technology-based outsourcing services, OSFI is reminding all FRFIs that the expectations contained in Guideline B-10 remain current and continue to apply in respect of such services.

McCarthy Tétrault Co-Counsel: Technology Law QuarterlyMcCarthy Tétrault Co-Counsel: Technology Law Quarterly



Table of Contents
Internet/E-World ………………………………………………………………………. 1
E-COMMERCE …………………………………………………………………………………. 1
BC: Appeal Court Finds No Defamation Liability for Hyperlinking …………………………………..1
US: Linden Lab Aims to Make (Second) Life Easier for IP Owners……………………………………1
SPAM………………………………………………………………………………………….. 3
Canada: Industry Committee Amends Anti-Spam Bill ………………………………………………..3
Technology M&A……………………………………………………………………….. 6
TECH-RELATED M&A …………………………………………………………………………. 6
Canada: GPLv3 and Tech M&A………………………………………………………………………..6
Technology Contracting……………………………………………………………….. 8
TECHNOLOGY AGREEMENTS …………………………………………………………………. 8
Canada: New Protection for Licensees of IP — BIA and CCAA Amendments Come into Force ……..8
Canada: Harmonized Sales Tax — Timing Your Tech Purchases…………………………………… 10
OUTSOURCING ……………………………………………………………………………….