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Principle and outcomes focused operational resilience

Compliance Monitor

Principle and outcomes focused operational resilience

A suite of new documents from the UK regulators represent a shift of thinking on how to manage inevitable disruptions. Charlotte Hill and Clare Reynolds examine the key requirements and some of the challenges as firms look to implement this new policy framework.

On 29 March 2021, the Financial Conduct Authority, Prudential Regulation Authority and the Bank of England published their final policy papers on ‘Building operational resilience: Impact tolerances for important business services’ .

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