Remove Authorization Remove Banking Remove Business Services Remove Resilience
article thumbnail

Operational Resilience for Financial Services: The View from APAC

Pure Storage

Operational Resilience for Financial Services: The View from APAC by Pure Storage Blog Across the globe, regulators and business leaders in financial services are increasingly paying attention to the area of operational resilience (OR).

article thumbnail

Geopolitics, regulations, and resilience

Fusion Risk Management

They also emphasize the need for organizations to strengthen their business continuity (BC) and operational resilience programs as well as prioritize agility to mitigate emerging threats and ensure compliance with global regulatory mandates. The EU followed with the Digital Operational Resilience Act (DORA).

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Empowering Customers on Their Resilience Journey with a New Model of Compliance

Fusion Risk Management

It’s Time for a New Model of Compliance Because a Resilient Organization is a Compliant One. And just like that, the first milestone on the Bank of England, Prudential Regulation Authority (PRA), and Financial Conduct Authority (FCA) operational resilience regulatory timeline came and went.

article thumbnail

What’s Next After Completing Your Operational Resilience Self-Assessment?

Castellan

By now, if you’re a financial institution in the UK, you should be well aware of the new requirements for operational resilience that went into effect earlier this year. The requirements include reviewing operational resilience capabilities, including mapping and testing for impact tolerances for important business services.

article thumbnail

Operational Resilience in 2023: What Can We Expect?

Fusion Risk Management

I visited many organizations throughout 2022 and observed varying maturity levels in programs on their journey to addressing regulatory and policy requirements related to Operational Resilience. In 2023, we will continue to see more non-financial services companies adopt operational resilience concepts and frameworks.

article thumbnail

Operational Resilience Self-Assessment: Achieving the March 2022 Deadline

Castellan

In March 2021, The Bank of England, the Prudential Regulation Authority (PRA), and the Financial Conduct Authority (FCA) published policy documents about operational resilience. What do regulators expect when it comes to operational resilience self-assessment? DOWNLOAD NOW.

article thumbnail

PRA’s Operational Resilience Roadmap: Looking Ahead to the March 2025 Compliance Deadline

Castellan

Recently, David Bailey – who is the Executive Director, UK Deposit Takers Supervision, and responsible for PRA’s supervision of the UK’s banks, building societies, and credit unions – made a speech surrounding his initial observations and a few challenges organizations are facing. Get The Getting Started with Operational Resilience Guide.