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PRA Deputy CEO Lyndon Nelson makes the case for operational resilience: “There is no operator of last resort function in Threadneedle Street”

United Kingdom - May 11 2021 With the UK regulators’ operational resilience policy package finalised at the end of March, an early May speech from Lyndon Nelson, PRA Deputy CEO &…

Andrew Procter, Cat Dankos, Clive Cunningham, Hannah Cassidy.

UK regulator sets out expectations on outsourcing and third party risk management

European Union, United Kingdom - May 10 2021 At the end of March, the UK Prudential Regulation Authority (PRA) published Policy Statement 7/21 (PS7/21) and Supervisory Statement 2/21 (SS2/21)…

Cat Dankos, Claire Wiseman, Stefanie Lo, Terence Lau.

Fintech: latest UK legal and regulatory trends

European Union, United Kingdom - April 13 2021 A lot has happened since Rishi Sunak delivered these words six months ago, but the sentiment behind them remains as strong as ever. As it finally…

Alex Kay, Andrew Procter, Chloe Kite, Clive Cunningham, Duc Tran, Elena Hogg, Elizabeth Head, Harry Millerchip, Joe Williams, Lucy Curran, Mark Staley, Michael K S Tan, Natalia Rodriguez, Nick Wright, Ryan Sheridan, Susan Black.

UK regulators release final operational resilience policies

United Kingdom - April 7 2021 The end of March saw a flurry of activity on operational resilience as the UK regulators published final policy on operational resilience and, for…

Andrew Procter, Cat Dankos, Clive Cunningham, Hannah Cassidy.

The elements of approaching operational resilience

United Kingdom, USA - March 29 2021 Operational resilience is defined in quite broad terms, with a focus on outcomes and an expectation around responsiveness and time. As UK regulators…

Andrew Moir, Andrew Procter, Cat Dankos, Charlotte Henry, Clive Cunningham, Hannah Cassidy, Jenny Stainsby, John O'Donnell, Kate Macmillan, Leopoldo González-Echenique, Luke Hastings, Mark Robinson, Martin Le Touzé, Miriam Everett, Natalie Curtis.