https://www.insidetechlaw.com/blog/rss/liabilityRecent blog postsen{FF8F7D1C-4240-487B-849D-52E51A935F44}https://www.insidetechlaw.com/blog/2025/09/relief-from-relief-making-handling-relief-events-easier-and-more-collaborativeRohan IsaacsLiabilityBlog postRelief events clauses are included as standard provisions of most technology implementation, outsourcing and services contracts. Under such provisions, the supplier is relieved of its obligations if or to the extent that its failure to comply with contractual requirements is caused by the customer. Mon, 29 Sep 2025 13:04:43 ZRohan Isaacs{D1632BAF-B25A-41B6-A308-13588BC2589E}https://www.insidetechlaw.com/blog/2025/09/liability-101-liability-clauses-in-technology-and-outsourcing-contractsNick JensKerri GeversJames RussellLiabilityBlog postLiability is often a contentious topic (and typically the last provision to be agreed) in a technology or outsourcing contract negotiation. Wed, 24 Sep 2025 11:45:04 ZNick Jens, Kerri Gevers, James Russell{46B8D759-618B-4D2D-AC8C-3FCDF173DDFF}https://www.insidetechlaw.com/blog/2025/09/banks-outsourcing-to-the-cloud-the-economic-drivers-and-regulatory-implicationsJames RussellKerri GeversKelsey OosthuizenRosie NanceDataFinancial institutionsFinTechLiabilityRegulationTech regulation insightsBlog postThe financial services sector is becoming increasingly reliant on cloud service providers (CSPs) to fulfil its growing data processing and storage needs. Financial services providers in the United States have reportedly had the highest levels of adoption, operating 54 percent of their workloads in the cloud; and according to the European Central Bank, banks spent 13.5 percent more on cloud outsourcing in 2024 than in 2023.Mon, 15 Sep 2025 13:27:45 ZJames Russell, Kerri Gevers, Kelsey Oosthuizen, Rosie Nance{F275D25F-E44F-436F-BF30-27C80F14FE36}https://www.insidetechlaw.com/blog/2025/09/another-contract-remediation-exercise-for-eu-financial-entitiesKerri GeversDataFinancial institutionsFinTechLiabilityRegulationTech regulation insightsBlog postThe European Banking Authority (EBA) is currently consulting on its draft guidelines on the sound management of third party risk (Draft Guidelines), which are intended to replace the 2019 guidelines on outsourcing arrangements (2019 Guidelines). Wed, 10 Sep 2025 10:04:30 ZKerri Gevers{95EC99FF-43B4-4F82-A712-EFFDC13553A7}https://www.insidetechlaw.com/blog/2025/09/can-you-access-your-outsourced-dataKerri GeversBlog postDataFinancial institutionsFinTechLiabilityRegulationTech regulation insightsFinancial regulators globally emphasise the importance of financial entities being operationally resilient, which includes the ability to manage and recover from disruptions caused by their service providers. The topic receives significant attention in the financial services sector because the sector is regulated, with the aim of promoting financial system stability.Mon, 01 Sep 2025 13:03:29 ZKerri Gevers{F302A96F-982B-4DC8-AA2B-BE321B1C47AD}https://www.insidetechlaw.com/blog/2025/07/uk-latest-trends-in-technology-disputesJonathan BallVerity QuartermainArtificial intelligenceIntellectual propertyLiabilityTechnologyNorton Rose Fulbright LLP’s Cyber and Technology team recently hosted a roundtable dinner in London, bringing together technology lawyers and a diverse group of clients from leading financial institutions and tech-driven businesses. Thu, 31 Jul 2025 09:41:47 ZJonathan Ball, Verity Quartermain{FBD2D73C-D1F6-415A-B41D-AB961FE53922}https://www.insidetechlaw.com/blog/2025/07/do-your-technology-and-outsourcing-contracts-properly-address-liability-for-cyber-incidentsJames RussellKerri GeversData protectionFinancial institutionsLiabilityRegulationBlog postMost incidents handled by our Norton Rose Fulbright cyber team originate from the customer’s service provider. In many cases it is the service provider’s systems, infrastructure and environment which proves to be the most vulnerable to cyber breaches and security issues.Tue, 01 Jul 2025 14:48:34 ZJames Russell, Kerri Gevers{4C86EB1A-5042-466A-A305-64CACBE5030B}https://www.insidetechlaw.com/blog/2025/03/asset-management-risk-allocation-and-liability-profiles-in-technology-contracts-and-outsourcingsJames RussellHannah MeakinFinTechLiabilityRegulationBlog postIncreased regulatory burdens on asset management businesses have resulted in additional cost pressures. However, regulation has also required more pricing transparency, which has led to an increasingly competitive market, with investors demanding either ultra-low cost or increasingly bespoke investment solutions. Wed, 19 Mar 2025 12:02:59 ZJames Russell, Hannah Meakin{F473036B-7894-4779-87C0-CAD477050029}https://www.insidetechlaw.com/blog/2024/11/revised-product-liability-directive-introducing-rules-on-strict-liability-for-ai-and-other-softwareMarcus EvansLucy Bruce JonesRosie NanceArtificial intelligenceLiabilityRegulationBlog postDirective (EU) 2024/2853 on liability for defective products (the Revised Product Liability Directive) was published in the Official Journal of the European Union on 18 November 2024.Tue, 26 Nov 2024 14:19:39 ZMarcus Evans, Lucy Bruce Jones, Rosie Nance{164A8BC3-0875-411D-B32C-8A14C5A6F512}https://www.insidetechlaw.com/blog/2023/02/beware-sole-and-exclusive-remedies-clauses-when-seeking-to-terminate-a-contractKelsey OosthuizenBlog postLiabilityThe recent case of James Kemball Ltd v. "K" Line (Europe) Ltd [2022] EWHC 2239 (Comm) serves as a useful reminder to give careful consideration to the effect of so-called “sole and exclusive remedies” clauses contained in contracts before purporting to terminate them.Tue, 28 Feb 2023 12:02:00 ZKelsey Oosthuizen{22D83E46-C43D-4344-885B-12CF84F7132D}https://www.insidetechlaw.com/blog/2022/05/court-of-appeal-overturns-decision-on-wasted-expenditureJames RussellLiabilityTechnologyBlog postThe English Court of Appeal has overturned a High Court decision and ruled that an exclusion clause that excluded liability for loss of profits, revenues and savings did not exclude wasted expenditure (Soteria Insurance Limited (formerly CIS General Insurance Limited) v IBM United Kingdom Limited [2022] EWCA Civ 440). Tue, 10 May 2022 09:24:20 ZJames Russell{ED305294-C16D-4423-87CB-145D0532D34C}https://www.insidetechlaw.com/blog/2022/02/european-commission-considers-new-civil-liability-rules-for-the-digital-ageNikolas SmirraArtificial intelligenceTechnologyBlog postLiabilityRegulationIn October 2021, the European Commission launched a public consultation (Consultation) on adapting liability rules to the digital age and artificial intelligence (AI). Thu, 03 Feb 2022 10:51:00 ZNikolas Smirra{9D042F03-FF23-4430-9040-836057B14E6B}https://www.insidetechlaw.com/blog/2021/04/cis-general-insurance-ltd-v-ibm-united-kingdom-5-key-takeaways-for-technology-contracts-and-disputesLiabilityRegulationTechnologyBlog postIn this blog we explain the 5 key learnings for technology contract negotiators and litigators from the CIS General Insurance Ltd v IBM United Kingdom High Court case.Mon, 19 Apr 2021 09:14:14 Z