FCA and BoE: Evaluate Your Third Parties

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

UK regulators have urged banks and issuers to scrutinize their outsourced functions in line with proposed rules on operational resilience and third-party risk.

As the coronavirus pandemic disrupts markets and threatens business continuity, the Financial Conduct Authority (FCA) and Bank of England (BoE) are calling on firms to examine whether it is safe to outsource certain “important business services” to vendors.

The regulators have asked relevant institutions to closely assess their third

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe

You are currently unable to print this content. Please contact [email protected] to find out more.

You are currently unable to copy this content. Please contact [email protected] to find out more.

You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email [email protected]

You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email [email protected]