New Operational Resilience Regulation for Financial Institutions in United States (USA)

US Regulation Blog-Gieom

The Federal Reserve, the Central Bank of the United States in August 2021 has released a paper intended to help community banks assess threats when considering connections with financial technology (fintech) companies. This paper came up after the European Central Bank and the UK Prudential Regulatory Authority released regulations around operational resilience earlier in 2021. […]

Process Mapping is an important step in building an Operational Resilience Framework

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The Covid -19 pandemic has clearly shown two trends within firms: The intensified use of technology and Operations can be managed through digital work force also. The pandemic-related disruption has impacted processes, people, service providers, customers, internal systems, employees, and facilities. Regulators across the globe are concerned that, as dependability on technology and digital way […]