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Business Resilience News

Your Introduction to FCA Business Resilience

The Financial Conduct Authority (FCA) defines resilience as “the ability of firms, financial market infrastructures and the financial sector as a whole to prevent, adapt and respond to, and recover and learn from operational disruption”. Ensuring the business resilience of the financial sector is crucial for consumers, firms and the broader financial markets. Significant business disruptions and the unavailability of important business services have the potential to cause ...

FCA Operational Resilience: Leveraging Technology in Pursuit of Operational Resilience

Covid-19 serves as a reminder of the unpredictable events that institutions are required to navigate, exposing a lack of operational resiliency and business continuity planning across the sector. As a result, in March 2021, the Financial Conduct Authority (FCA) put forward proposed changes to how firms approach their operational resilience in an attempt to mitigate the negative impacts of similar disruptions in the future. With ...

SAI360 and GRC 20/20’s Michael Rasmussen: Ask Me Anything (About Business Resilience)

Live webinar: Tuesday, October 11 Time: 3 PM BST | 4 PM CET | 10 AM ET When it comes to business resilience, the recent pandemic and other geopolitical events are potent reminders of how unforeseen disruptions can destabilize businesses of every type and size across the globe. To prepare, business leaders must have a strong organizational resilience program at the ready. This program must ...

By |2022-08-09T18:41:04+00:00August 9th, 2022|Business Resilience, Governance, Risk & Compliance: GRC|

Your Introduction to FCA Business Resilience

The Financial Conduct Authority (FCA) defines resilience as “the ability of firms, financial market infrastructures and the financial sector as a whole to prevent, adapt and respond to, and recover and learn from operational disruption”. Ensuring the business resilience of the financial sector is crucial for consumers, firms and the broader financial markets. Significant business disruptions and the unavailability of important business services have the ...