Operational Resilience in Financial Services - A Guide to the New Regime
Available to view on demand
Added to Basket
Operational Resilience in Financial Services - A Guide to the New Regime
Introduction
UK Regulators are expecting firms to continue strengthening and refining their frameworks based on the new rules which came into effect in 2022.
Although not all firms are in scope for the rules, regulators have expressed their view that other firms should consider the requirements as guidance and adopt best practices where they add value.
The rules required a series of interventions to be achieved by 1 March 2022, plus further testing, and refinement of these by 1 March 2025 at the latest.
This webinar will provide a valuable update for FCA-authorised firms, compliance professionals, relevant third-party service providers to financial services firms, and professional services firms.
What You Will Learn
The webinar covers the following:
- Key components of your governance and strategy response
- The building blocks of an effective resilience program including:
- Identifying key business services
- Setting impact tolerances
- Understanding upstream/downstream dependencies
- Ongoing management
- Holistic management considerations including lessons learned and self-assessment
- Expectations in respect of communication plans
This webinar was recorded on 13th June 2022