UK: UK Finance Issues White Paper Setting Out Perspectives on Operational Resilience in Financial Services

On June 4, 2019, UK Finance published a white paper titled “Perspectives - Operational resilience in financial services”, which was drafted in cooperation with Ernst & Young (EY), following numerous workshops and discussions with representatives of market participants, such as retail, commercial, custody and wholesale financial institutions.

The paper provides perspectives with the aim of assisting firms within the financial sector to be informed on operational resilience and, more particularly, how to enhance their own resilience by evolving their approach in a proportionate manner, as well as contribute to the greater resilience of the sector.

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