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Operational Resilience: Is it just business continuity done properly?

Plan B Consulting

In these two papers, the Bank of England and the FCA lay out how they want financial institutes to carry out a series of operational resilience activities to make the whole of the UK’s financial market more resilient, and that an incident in one organisation could have a major impact on other companies, leading to financial collapse.

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Operational Resilience: Is it just business continuity done properly?

Plan B Consulting

I am going to explore the definition and requirements put forward by the Bank of England’s Discussion Paper of 2018: Two key papers. The Bank of England and the FCA in pushing operational resilience have a different aim than an organisation implementing and maintaining business continuity. Scenario planning.