Fiona Maclean

Jan 3, 2024 | lexology.com | Gail Crawford |Fiona Maclean

The next generation search tool for finding the right lawyer for you.

Dec 12, 2023 | lexology.com | Rob Moulton |Charlotte Collins |Fiona Maclean

Critical Third Parties serving the UK financial sector must ready themselves for compliance with the newly proposed operational resilience requirements. On 7 December 2023, the PRA, FCA, and BoE jointly published a Consultation Paper (PRA CP26/23 and FCA CP23/30) which proposes a set of regulatory requirements and expectations for critical third parties (CTPs) that provide services to authorised persons, relevant service providers, and financial market infrastructure entities (FMIs).