Managing the Risk to Your Firm & Dealing with the Regulatory Changes in Operational Resilience

The release of the FCA’s Operational Resilience Policy (PS 21/3) outlines new rules coming into force on 31 March 2022. Firms that fall within scope must have identified their important business services, set impact tolerances for the maximum tolerable disruption, and conducted adequate mapping and testing. Operational Resilience Framework The [...]

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FCA Consultation CP21/36: A New Consumer Duty

On 7th December 2021 the FCA released CP21/36, a consultation to the industry with proposed updates and strengthening of Consumer Duty rules.  This consultation provided further details of Consumer Duty rules and addressed responses to the original consultation paper, CP21/13, which built on the initial discussion paper DP18/05 and the [...]

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Complyport – More needs to be done to crack down on institutionalised corruption

LONDON–(BUSINESS WIRE)–Complyport a City of London compliance and regulatory consultancy on International Anti-Corruption Day, has called on private and public bodies to ensure accountability, integrity, and transparency in procurement processes, and operational practices. Globally corruption is estimated to cost $2.6 trillion annually and with the global economy caught in the [...]

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