Operational Resilience is a broad theme that is being addressed by regulators globally. In the UK, the Prudential Regulatory Authority and the Financial Conduct Authority are due to publish regulation in late Q1 or early Q2 on the topic that will mandate an approach that will be a departure from existing practice and is likely to require considerable effort to comply for many firms.
At this joint event with the SIO, we examined the incoming Operational Resilience regulation and discussed the challenges it poses, and ways these can be mitigated by firms.
Webinar agenda:
