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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. In addition, the Financial Conduct Authority (FCA) Consultation paper of 2019 states: “Building operational resilience: impact tolerances for important business services and feedback to DP 18/04”.

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The New Normal

BCP Builder

All aspects of Business Continuity, including planning, training, stress testing and exercising of Business Continuity Plans will be seen as a priority. Many professionals in senior roles did not understand, nor even care to understand business continuity and organisational resilience strategies.

BCP 52
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The New Normal

BCP Builder

All aspects of Business Continuity, including planning, training, stress testing and exercising of Business Continuity Plans will be seen as a priority. Many professionals in senior roles did not understand, nor even care to understand business continuity and organisational resilience strategies. Work From Home.

BCP 52