The UK regulators’ new rules on Operational Resilience enter into force on 31 March 2022. Firms need to ensure that they have identified “important business services” and set “impact tolerances” for ...

As a result, operational resilience has become a board-level priority. Regulators across the UK, EU, US, and Asia now expect financial institutions to demonstrate that they can prevent, absorb, ...

Impact tolerance is The point in time – or decreased capacity of – an important business service that causes unacceptable harm to a customer, the broader market, or irrevocably threatens your ...

In recent years, operational resilience has come under the spotlight of financial regulators globally, leading to a proliferation of new regulation. The sheer number of publications on this topic can ...

My last article focused on managing supply chain risk, which is a key component to understanding and achieving operational resilience. In order to effectively manage resiliency across an organization, ...

On the 29th March 2021, the UK supervisory authorities publicised the final policy statements surrounding operational resilience. These had been in the pipeline since 2018, when the original ...

The large-scale transition to T+1 is about more than a change in clocks, it offers an opportunity to reevaluate, reinforce, and improve a financial services firm’s operations. Operational resilience ...

The severe disruptive effects of Covid-19 on banks’ activities, have made identifying, measuring, controlling, and monitoring operational risk at banks more important than ever. Operational risk is ...

AUDUBON, Pa.--(BUSINESS WIRE)--Castellan Solutions, the largest, global provider of business continuity management solutions, announces the launch of its new SaaS solution – offering a fully ...

Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. In July, I was one of thousands of travelers stuck in Paris Charles de Gaulle Airport when ...

As the US market prepares for an industry-wide transition to T+1 settlement, Stephane Ritz, managing principal, capital markets and T+1 global lead at Capco, discusses the need for organisations to ...