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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).

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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).

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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? Get The The Getting Started with Operational Resilience Guide.

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Overcoming Operational Resilience Implementation Barriers

Castellan

What’s holding them back from moving toward a more comprehensive operational resilience program? This is one of the topics addressed recently in The BCI’s first Operational Resilience Report 2022 , published in partnership with Castellan. It’s not just financial services that struggle. And, are you one of them?

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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.

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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.

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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. The Old Model of Compliance.