Burden of compliance threatens outsourcing

LgicaCMG says regulatory burden affecting outsourcing in financial sector

The burden of handling compliance and regulatory issues has become a major obstacle to outsourcing finance and accounting (F&A) business functions, according to a survey of UK chief financial officers (CFO) conducted by LogicaCMG.

Increased regulation and emphasis on governance was identified by CFOs as the most significant barrier to outsourcing. Only 7% currently outsource any F&A functions, with 68% stating that the burden of current financial regimes is holding them back. The severity of

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here