Author: Simon Treacy

Five lessons for firms’ operational resilience planning from the FCA’s review of technology change

The FCA is due to finalise new requirements on operational resilience which will impact a broad range of UK financial institutions. Before then, it has released its findings from a review on how financial firms manage, or in some cases fail to manage, IT upgrades and other technology changes. In this summary we highlight some of the FCA’s findings and suggest lessons for firms to build into their operational resilience planning