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Operational resilience: Protecting the ecosystem

Operational resilience: Protecting the ecosystem
funds-europe.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from funds-europe.com Daily Mail and Mail on Sunday newspapers.

United Kingdom , James Hockley , Nicholas Pratt , Financial Conduct Authority , Prudential Regulatory Authority , Building Operational Resilience , Will Packard , ஒன்றுபட்டது கிஂக்டம் , நிக்கோலஸ் ப்ர்யாட் , நிதி நடத்தை அதிகாரம் , விவேகமான ஒழுங்குமுறை அதிகாரம் , விருப்பம் ப்யாகர்ட் ,

UK firms face 2022 deadline for resilience rules

UK firms face 2022 deadline for resilience rules
Regulators in the UK have given investment firms a one year deadline to improve their operational resilience.
The policy statement (PS21/3) has been jointly issued by the Prudential Regulation Authority (PRA), the Financial Conduct Authority (FCA) and the Bank of England.
The rules come into effect on March 31, 2022, by which time firms must be able to identify vulnerabilities in their operational resilience and set impact tolerance levels for their most important business lines
They will then have three years in which to perform mapping and testing and make the necessary investment to operate consistently within their impact tolerances. ....

United Kingdom , Prudential Regulation Authority , Financial Conduct Authority , Will Packard , ஒன்றுபட்டது கிஂக்டம் , விவேகமான ஒழுங்குமுறை அதிகாரம் , நிதி நடத்தை அதிகாரம் , விருப்பம் ப்யாகர்ட் ,