The release of the FCA’s Operational Resilience Policy (PS21/3) outlines new rules coming into force on 31 March 2022. Firms that fall within scope must have identified their important business services, set impact tolerances for the maximum tolerable disruption, and conducted adequate mapping and testing.
To help firms become compliant by 31 March 2022, Complyport, hosted a FREE webinar, Meeting the FCA’s New Operational Resilience Requirements, on the 10th of February at 10:00am. Delivered by Darren Schindler and Pantelis Angelides, two of the industry’s leading subject matter experts on Operational Resilience for financial services firms, this webinar discussed what Operational Resilience means and provide practical examples of ways to update Operational Resilience policies in line with the regulator’s new expectations.
During this webinar, we will:
- Defined the meaning of Operational Resilience and why it matters to your firm,
- Discussed the FCA’s PS21/3 consultation and requirements,
Analysed the new (or updated) relationship of Risk Management with Resilience,
- Highlighted the practicalities of applying the new regulations including the utilisation of existing frameworks,
- Considered recommended approaches to meet the deadline-including practical examples,
- Answered questions from the audience.