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 ...
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 ...
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 ...
This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. This is an excerpt from The Future of Risk Management and ...
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 ...
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 ...
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 ...
Over recent years, cyber risk has become one of the biggest risks facing the financial services sector. In March 2017, G20 finance ministers and central bank governors identified that cyber risk had ...
The entire Continuity Central website is scanned daily by Sucuri to ensure that no malware exists within the site. This means that you can browse with complete confidence. Business continuity can be ...
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 ...
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