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A key priority for the Financial institution of England, Prudential Regulation Authority (PRA) and Monetary Conduct Authority (FCA) is to place in place a stronger regulatory framework to advertise operational resilience of corporations and monetary market infrastructures (FMIs). To this finish, we published our joint Dialogue Paper on Operational Resilience final year (see web page 2 of 2) to begin a dialogue with the monetary companies business papercp reviews. We acquired a powerful level of engagement from business and two key conclusions have emerged: (1) there’s sturdy help for our proposed approach but respondents asked for a fuller clarification; and (2) many stakeholders see a strong alignment between the objectives of companies or FMIs and the authorities in this space.
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