This note provides an overview of the key areas of law and regulation relevant to outsourcing transactions. It explains commonly used legal structures, procurement processes, specific regulations relevant to different sectors, the formalities required for transferring or leasing assets, employee issues and data protection and privacy issues. It also covers service level and fee mechanisms and provides an overview of common issues relating to warranties, indemnities, exclusion and limitation of liability, insurance, termination rights, dispute resolution and the tax issues arising on an outsourcing transaction.