The UK operational resilience requirements for the Financial Services and Markets Act (FSMA) came into force in March 2025. Yet, many firms are still scrambling to demonstrate that they can keep ...
The Financial Conduct Authority (FCA), Prudential Regulation Authority (PRA) and Bank of England are consulting on proposals to require firms to report operational incidents and material third party ...
Operational resilience: What does the proposed UK CTP regime mean for firms, FMIs and third parties?
Subsequent to a joint discussion paper (3/22 – Operational resilience: Critical third parties to the UK financial sector) published in July 2022, the Bank of England (the Bank), Prudential Regulation ...
Operational Resilience in the UK Financial Sector: A New Era of Oversight for Critical Third Parties
The financial sector's reliance on third-party services has grown exponentially. These external providers play an important roles in delivering essential services, from cloud computing to payment ...
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Financial services companies and their digital technology suppliers are under intense pressure to achieve compliance with strict new rules from the EU that require them to boost their cyber resilience ...
Operational resilience is defined as an organization's capability to endure adverse disruptions, adapt to challenges and recover from events such as cyberattacks, natural disasters, supply chain ...
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