Implementing Operational Resilience

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Implementing Operational Resilience
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  • Create Date 20 June 2022
  • Last Updated 25 September 2024

Implementing Operational Resilience

The UK Financial Conduct Authority (FCA) has now published the final version of their Policy Statement named “Building Operational Resilience”. This document sets out the general guidelines that organizations in the UK financial sector must follow to improve their resilience levels. The document is a significant step for the resilience industry, mostly because of the message it sends to the market. The Policy Statement articulates a series of best practices that are sensible, but they will not be new to experienced professionals with a business continuity or risk management background.

In other words, the FCA does not appear to be reinventing the wheel with these guidelines, but rather it is sending a message across the finance and banking industry that it is time to make resilience a priority.

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    business continuity managementcrisis managementsupply chain managementhealth and safety managementinnovationenterprise risk managementorganizational resiliencetraining and educationhuman resources managementdiversity and inclusionresilienceinterviewcrisis communicationsustainabilitysecurity and defenceICT and disaster recovery

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