The Financial Conduct Authority (FCA), Prudential Regulation Authority (PRA) and Bank of England are consulting on proposals to require firms to report operational incidents and material third party ...
The UK Financial Conduct Authority (FCA) has published a new webpage highlighting good and poor practice observed in firms' annual operational resilience self‑assessments following the end of the ...
The City watchdog has moved to tighten cyber and operational resilience rules for financial firms, as attacks grow more frequent and increasingly spread through third-party providers. The Financial ...
Operational Resilience in the UK Financial Sector: A New Era of Oversight for Critical Third Parties
The financial sector's reliance on third-party services has grown exponentially. These external providers play an important roles in delivering essential services, from cloud computing to payment ...
UK financial firms must now adopt a security-led approach to their assets, dependencies, and risks, to demonstrate they can recover within defined impact tolerances, following the enforcement of the ...
This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. The regulators have been stirred to act as financial firms ...
Although they have had two years to prepare for the incoming legislation, a study has today revealed that a significant minority of UK financial services organisations are set to miss the 17 January ...
The financial sector is bracing itself for the EU’s Regulation on Digital Operational Resilience for the Financial Sector (DORA), effective from 17 January 2025. One of the most talked about topics ...
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