Analysis

Industry deems regulatory focus on operational resilience a ‘sensible move’

By David Blackman 2025-02-19T08:00:00

operational resilience

The FCA is collaborating with its regulatory peers to introduce new rules around operational resilience, seeking to mitigate ‘intolerable harm’ arising from disruptive events

The operational resilience of financial services companies has been front of mind for the sector’s regulators.

For example, the FCA has been working with the Prudential Regulation Authority (PRA) on developing a new regime to help improve firms’ operational resilience – this has been “a long time coming”, according to Michael Sicsic, managing partner at regulatory and risk consultancy Sicsic Advisory.

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