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Uk Regulators Publish Joint Discussion Paper On Operational Resilience In The Uk Financial Sector - Latest News


UK Regulators Publish Joint Discussion Paper on Operational Resilience in the UK Financial Sector

The UK Financial Conduct Authority (“FCA”) published on July 5 a joint Discussion Paper with the Prudential Regulation Authority (“PRA”) and the Bank of England (“BoE”) on “Building the UK financial s... read more

BoE’s warning on digital transformation disruption is misleading, says TmaxSoft

The discussion paper outlines the importance of operational resilience and warns that banks could face fines if service disruptions lasts longer than two days. The regulators also caution ... CEO of T... read more

BoE to ensure banks recover quickly from IT troubles

He said the BoE’s Financial Policy Committee had been considering its “tolerance for disruptions” to key functions in the finance sector ... The BoE will publish a discussion paper on operational resi... read more

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With technology-related disruption on the rise in the sector, the Bank of England and the Financial ... The regulators suggested two days as an acceptable limit for disruption to a business service in ... read more

BoE to ensure banks recover quickly from IT troubles

He said the BoE's Financial Policy Committee had been considering its "tolerance for disruptions" to key functions in the finance sector ... operational disruption," Nelson told a conference. The BoE ... read more



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