FCA and PRA final rules on Operational Resilience
On 29 March 2021, the Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA) published their final policy statements on operational resilience following their consultations papers issued in December 2019. The new rules will come into effect on 31 March 2022, giving firms a one-year implementation period to comply with the new requirements. There is also a 3-year transition window to March 2025 that […]
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