Financial Services News

Operational Resilience: What’s Next? – Financial Services

[ad_1]


To print this article, all you need is to be registered or login on Mondaq.com.

We have updated our Operational Resilience timeline to include
key recent developments. Operational resilience is the ability to
‘prevent, adapt, respond to, recover and learn from operational
disruptions’. Originally launched in the first quarter of 2021,
the timeline uniquely traces the emergence of operational
resilience as a regulatory concept through its subsequent growth in
importance to be a key regulatory concept today. Importantly, the
timeline looks ahead to what is next on the horizon for firms,
their third party providers, and supervisory bodies to 2026.

To view the timeline, please click here.

We continue to update the timeline several times a year. It is a
key component of our Operational Resilience hub which brings
together our insights, including blog posts and podcasts.

The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.

POPULAR ARTICLES ON: Finance and Banking from Worldwide

Regulation Round Up

Proskauer Rose LLP

Welcome to the Regulation Round Up, a regular bulletin highlighting the latest developments in UK and EU financial services regulation.

Private Investment Funds In Guernsey

Collas Crill

Guernsey’s Private Investment Fund (PIF) regime recognises that for some promoters, the nature of the target investors warrants a more flexible, cost-effective and timely approach to regulation and fund launch…

Global LIBOR – Legislative Solution

Herbert Smith Freehills

The London Inter-Bank Offered Rate (LIBOR), long the preeminent global interest-rate benchmark, ended as of Dec. 31, 2021, in nearly all currencies and tenors (maturities)…

[ad_2]

Source link