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FCA’s observations and lessons learnt from the July 2024 global IT incident

The UK’s Financial Conduct Authority (FCA) has published its observations on the response by regulated firms to the global IT incident that occurred in July 2024. The incident has been widely reported as one of the most...more

UK: The FCA, Bank of England and PRA issue their strategic approach to regulating AI in response to the government’s AI White...

The UK’s financial regulators have responded to the government’s White Paper on its approach to regulating the use of artificial intelligence and machine learning (AI). Publications from the Financial Conduct Authority (FCA),...more

Operational resilience: Developments in the financial services sector in the UK

In recent years, operational resilience has come under the spotlight of financial regulators globally, leading to a proliferation of new regulation. The sheer number of publications on this topic can be confusing for...more

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