Join us in person on Tuesday 11 June at a new venue in the heart of the City, Events @ No. 6, as our specialist panel of financial and operational resilience experts share valuable insights, keeping you updated with the latest FCA perspectives.
In its recently published Business Plan, the FCA reminded us of the continued and increasing risks and impacts of operational disruptions on consumers, financial services businesses and the market. Enhanced firms have until 31 March 2025 to be able to maintain their business services without tolerable harm to consumers and markets. Our Head of Governance, Risk and Control Assurance, Jessica Wills, will recap on the FCA’s priorities and standards for operational resilience and consider what firms need to focus on ahead of the 2025 deadline.
Financial resilience again features prominently in the FCA’s Business Plan. Our Head of Insurance Intermediaries, Paul Goldwin, will discuss the areas of financial resilience that are causing the regulator the most concern.Â
Our guest speaker, Tim Goodger, Partner at City law firm Elborne Mitchell LLP, will explore issues surrounding legacy balances and credit write-backs in the context of the FCA’s client money rules, trust law and potential indicators of weakness in financial resilience.