by Kenneth Underhill | Nov 15, 2024 | FCA, Operational Resilience, Operational Resilience Assurance, Prudential Regulation Authority
Welcome to the final article of the ICSR Operational Resilience Assurance Week’s series (Follow the conversation on LinkedIn at: #ICSROpResAssuranceWeek) which details what firms need to have in place by the end of March 2025 to be compliant with Operational...
by Kenneth Underhill | Nov 14, 2024 | FCA, Operational Resilience, Operational Resilience Assurance, Prudential Regulation Authority
In today’s interconnected business landscape, outsourcing has become a fundamental aspect of operational strategy, especially within the insurance sector. As firms strive to meet Operational Resilience requirements, it is imperative to ensure that their outsourcing...
by Kenneth Underhill | Nov 13, 2024 | FCA, Operational Resilience, Operational Resilience Assurance, Prudential Regulation Authority
Welcome to the third article in the ICSR Operational Resilience Assurance Week series (Follow the conversation on LinkedIn at: #ICSROpResAssuranceWeek) which explores how assurance reviews can provide firms with confidence that their Operational Resilience measures...
by Kenneth Underhill | Nov 12, 2024 | FCA, Operational Resilience, Operational Resilience Assurance, Prudential Regulation Authority
As the deadline for Operational Resilience compliance approaches, firms are tasked with ensuring that their project governance processes align with board expectations and that they remain adaptable to the changing business landscape. A well-structured project...
by Kenneth Underhill | Nov 11, 2024 | FCA, Operational Resilience, Operational Resilience Assurance, Prudential Regulation Authority
In the final months before the deadline for Operational Resilience compliance, many organisations are under pressure to ensure that their processes, frameworks, and systems meet regulatory expectations. Many of our clients have reached out for support in injecting...
by Kenneth Underhill | Nov 4, 2024 | FCA, Operational Resilience, Operational Resilience Assurance, Prudential Regulation Authority
The clock is ticking for insurance firms ahead of the March 2025 deadline to fully implement and demonstrate Operational Resilience. This date marks the end of the transitional period mandated by the Prudential Regulation Authority (PRA) and Financial Conduct...