PRA operational resilience deadline takes effect March 2025
2026-02-18 The FCA operational resilience transition period ends on 31 March, bringing into full effect the joint PRA–FCA regime that requires firms to...
The FCA operational resilience transition period ends on 31 March, bringing into full effect the joint PRA–FCA regime that requires firms to prove they can run important business services within defined impact tolerances during severe disruption. The rules apply to PRA‑regulated banks and insurers under Supervisory Statement SS1/21 and to FCA‑regulated firms under Policy Statement PS21/3 on building operational resilience.…
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