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Last week the Financial Services Conduct Authority (FCA) released a statement that summarises the insights they gathered from a sample of 47 insurance firms they surveyed recently.

Topics: Insurance Sector

March 29, 2022

Topics: Insurance Sector

March 3, 2022

Operational resilience is a high priority for the PRA and FCA and the regulations will have a significant impact on financial services firms’ future operating models.

Topics: Insurance Sector

March 1, 2022

The importance of clearly interpreting your Important Business Services (IBS) with appropriate detail, is critical. With an unambiguous definition of customer, process and intolerable harm, setting ...

Topics: Insurance Sector

February 25, 2022

With the use of third and fourth parties increasing across the financial services sector in the last three years, most firms rely on third parties to support or completely deliver critical processes ...

Topics: Insurance Sector

February 18, 2022

Defining metrics is key to a successful operational resilience programme and BAU governance.

Topics: Insurance Sector

February 16, 2022

On 27th January 2022, the FCA, PRA and Bank of England held a joint webinar to outline findings and provide suggestions on how to manage the implementation of the policy before and after March 2022.

Topics: Insurance Sector

January 28, 2022

With only two months to go to meet the deadline of March 2022, firms are advanced with Operational Resilience regulatory requirements and most are now completing their Self-Assessment.

Topics: Insurance Sector

January 26, 2022