As the transition deadline for compliance nears (31 March 2025), the UK Financial Conduct Authority (FCA) recently published their observations and insights on how firms have prepared to comply with operational resilience requirements (PS21/3) so far. This blog summarises key points from the publication, while reflecting on observations from four years of running our Operational Resilience Working Group (ORWG).
Although the FCA publication is specific to UK regulation, our observations relate to discussions involving our wider membership. ORX members can also access all our published summary notes from ORWG sessions on the main working group webpage.
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