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Response and Recovery Consulting and Advisory Services

Following the release of the new Operational Resilience publications by the regulators, firms have focused on delivering to expectations on Operational Resilience compliance.

But how do firms integrate this new discipline with existing Incident, Crisis and Business Continuity Management programmes?

The FCA and PRA both expect firms to have a clear operating model that supports their resilience objectives whilst simultaneously retaining existing capabilities to protect firms' strategic objectives.

Key challenges firms face

221108 BCM Key challenges

 

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Whilst one of the major objectives of the regulators' new Operational Resilience policies is to reduce both the frequency and impact of operational disruptions, business continuity and recovery planning are still critical in ensuring a firm's overall resilience.

One of the key impacts of the new regulations on Business Continuity Programs is the addition of Important Business Services (IBS) as a factor in assessing recovery requirements such as RTOs and RPOs.

Business continuity programmes need to adjust to this changing regulatory and operational landscape in order to maximise the effectiveness of a firm's recovery planning.

How FourthLine can help

Our approach can help firms identify a proportionate approach to align Resilience, BCM, and Incident & Crisis Management to deliver the best resilience uplift for our clients. 

With a focus on delivering well-defined operationally functional processes and supporting artefacts, clients have been able to implement the changes with minimal disruption to their businesses. 

Enquire about FourthLine's Response and Recovery services here>

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Some of our clients

foresters-logo
novia-financial logo
ruffer
monmouthshire BS
planet payment
gbbank
Arch Insurance
collinson
DASS
interactive investor

Insights

Operational Resilience Reporting - White Paper
Operational resilience is becoming a cornerstone of modern business strategy, especially as organisations navigate the...
Mapping Requirements for the Digital Operational Resilience Act (DORA)
DORA mapping requirements (Dora Article 8: Identification) are an area of interpretation for firms wishing to follow a...
FCA sends Dear CEO letter to firms warning them over money laundering failings
Last week, the Financial Conduct Authority (FCA) issued a letter addressed to CEOs of Annex 1 businesses, which include lenders,...
BOE speech on proposed Critical Third-Party Regime for financial service sector
Introduction On March 6th, 2024, Gareth Truran, Director of Prudential Policy at the Bank of England, delivered a speech at the...
Getting started on DORA strategy
Following the recent publication of DORA’s Regulatory Technical Standards, firms received confirmation on DORA strategy...
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