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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. With operational resilience, the focus is on the experience of the customer, which they want to be maintained, and making sure their requirements are met, and then on the stability of the market as a whole.