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Strengthening Operational Resilience in the financial services sector
The Regulators' (the FCA, PRA and Bank of England) consultation papers introduce a new paradigm where firms need to think about their potential impact on the stability of the UK financial system from an operational perspective (and not just the impact on their own balance sheet). High level requirements and challenges to be aware of are included in this article.
Document type: Insights
Last updated: 19 February 2020
First published: 16 December 2019