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In March 2021, UK regulators set out their requirements and guidance to strengthen operational resilience in the financial services sector and we are now only 2 months away from the first important ...

Topics: Insurance Sector

January 13, 2022

Topics: Insurance Sector

December 9, 2021

In our recent Insight Deck, FourthLine discussed phase 1 of implementing a compliant Operational Resilience framework - defining "intolerable harm" and selecting or de-selecting your Important ...

Topics: Insurance Sector

December 7, 2021

On 25 November 2021, the PRA published Consultation Paper 21/21: Operational Resilience and Operational Continuity in Resolution: CRR firms, Solvency II firms, and Financial Holding Companies (for ...

Topics: Insurance Sector

December 1, 2021

Last week, around 500 Tesla owners were unable to connect and unlock their vehicles, causing lost hours for many users. Were people left outside in the cold, others unable to go to work or even worse ...

Topics: Insurance Sector

November 24, 2021

With the recent publication of the PRA’s supervisory statement on Operational Resilience, firms are now in the process of building and delivering their response. At FourthLine, we are supporting ...

Topics: Insurance Sector, Retail Finance

November 23, 2021

Most in-scope financial services firms are on their way to implementing the regulatory requirements for Operational Resilience, in readiness for the March 2022 deadline.

Topics: Insurance Sector

November 10, 2021

With the PRA and FCA's Operational Resilience compliance deadline now less than 5 months away, most in-scope firms are well on the way to building their own Operational Resilience resources and ...

Topics: Insurance Sector, Retail Finance

November 9, 2021