The UK’s Financial Conduct Authority and Prudential Regulation Authority’s co-ordinated operational resilience Policy Statements came into force on 31st March 2022. The regulatory framework globally has also been developing around operational resilience, particularly against the backdrop of the global pandemic and with technological advancements.

Listen to Richard Pounder, Global Head of Operational and Resilience Risk for Securities Services at HSBC and Mhairi Sandeman, Senior Product Manager for Global Trustee and Fiduciary Services at HSBC’s Securities Services as they discuss the operational resilience requirements for in-scope UK firms, operational resilience regulatory developments in other jurisdictions globally, and the operational resilience considerations for global firms.

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