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

Castellan

MAY 26, 2022

The Financial Conduct Authority (FCA) , the Bank of England (BoE) , and the Prudential Regulation Authority (PRA) announced these new requirements a year ago to improve the operational resilience of financial services in the UK. Cause catastrophic consequences and unacceptable harm to your most vulnerable customer(s)?

Resilience 52
Resilience Financial Services Business Services Banking 52
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PRA’s Operational Resilience Roadmap: Looking Ahead to the March 2025 Compliance Deadline

Castellan

JUNE 9, 2022

Defining Important Business Services (IBS) and Impact Tolerances were the first major milestones with initial compliance dates of March 31, 2022. The PRA uses an example from payment services and highlights the different ways organizations have defined a business service.

Resilience 59
Resilience Marketing Banking Business Services 59
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