Link(s): | DP22/3: Operational resilience: critical third parties to the UK financial sector | FCA DP3/22 – Operational resilience: Critical third parties to the UK financial sector | Bank of England |
Context
Although the consultation period has now closed, the FCA is now seeking information from third parties to determine the costs of implementing the proposals set out in DP22/3 ‘Operational resilience: critical third parties to the UK financial sector’.
Key points to note
The release of this survey demonstrates the FCA’s continuing work in this area and the potential for critical third-parties to be subject to some form of regulatory oversight in the near future.
Next actions
None – for information and awareness.