From Compliance to Confidence: Why UK Financial Services Firms Are Still Struggling with Operational Resilience
On March 31, 2025, the transition period for the UK’s operational resilience framework ended. Financial institutions regulated by the Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA) were expected to have identified their Important Business Services, established impact tolerances, mapped critical dependencies, and tested their ability to remain within those tolerances during disruption. [fca.org.uk],…
