April 2021

The second blog post in our Operational Resilience series focuses on scenario testing. Firms are defining anywhere between 30-50 important business services, with some of the more complex multinational firms identifying over 100. The prospect of scenario testing this number of impact tolerances against a...

The PRA, FCA and Bank of England released their Operational Resilience Policy last week, which set the clock ticking on the 12-month compliance window. A key principle in the Policy is that firms should set impact tolerances for important business services which are consumer focused...