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Operational Resilience and the Old Regulatory Two-Step

The UK financial services regulators speak loudly and often about their forward-looking approach to supervision, which – rather than looking back – seeks to focus on future risks to firms and consumers. Yet, you only have to...more

FCA Comments on UK Regulatory Expectations

On 17 March 2020, the UK Financial Conduct Authority (FCA) released information for regulated firms setting out its expectations of their responses to the COVID-19 pandemic. In broad terms, the FCA recognises that COVID-19...more

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