The Timeline for Operational Resilience Compliance

It has been a key priority for the Bank of England (BoE), Prudential Regulation Authority (PRA) and Financial Conduct Authority (FCA), collectively “the supervisory authorities,” to put in place a stronger regulatory framework to promote the operational resilience of firms and FMIs. On March 29, 2021, the supervisory authorities published their final policy and supervisory statements “Operational resilience: impact tolerances for important business services.”

Here is a useful infographic on the operational resilience compliance timeline to protect your firm from the impact of unexpected events and operational disruptions.

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operational resilience compliance timeline
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