On July 21, 2022, the UK’s Bank of England (BoE), in partnership with the Financial Conduct Authority (FCA), published DP3/22 – Operational resilience: Critical third parties for the UK financial sector. The Discussion Paper notes that financial institutions “increasingly rely upon third-party services to support their operations”. These third parties offer myriad benefits, not least… Continue reading Are your third parties operationally resilient? Key considerations for UK firms