News & Analysis as of

Prudential Regulation Authority (PRA) Cyber Attacks

A&O Shearman

PRA thematic findings from the 2024 Cyber Stress Test

A&O Shearman on

The Bank of England and the Prudential Regulation Authority (PRA) have released a letter to PRA-regulated firms and relevant financial market infrastructure (FMIs) outlining the thematic findings from the 2024 Cyber Stress...more

King & Spalding

Operational Resilience and the Old Regulatory Two-Step

King & Spalding on

The UK financial services regulators speak loudly and often about their forward-looking approach to supervision, which – rather than looking back – seeks to focus on future risks to firms and consumers. Yet, you only have to...more

King & Spalding

The Financial Conduct Authority and Cyber Resiliency

King & Spalding on

The Financial Conduct Authority (FCA) aims to guide regulated firms on its expectations of their cyber resiliency. In 2018, the FCA warned regulated firms of the risks of outdated IT systems and the lack of effective cyber...more

BCLP

Getting The Deal Through - Cloud Computing 2020

BCLP on

What kinds of cloud computing transactions take place in your jurisdiction? As a G7 economy with mature IT and related services markets, the UK is one of the most important global markets for cloud computing. According to...more

Katten Muchin Rosenman LLP

Bridging the Week - March 2016 #4

Alleged Spoofer, Blamed for Partly Causing Flash Crash, Loses UK Extradition Hearing - Navinder Sarao, the London-based futures trader who in April 2015 was sued by the Commodity Futures Trading Commission and criminally...more

Troutman Pepper

Bank Board Director Alert: Banking on Cybersecurity

Troutman Pepper on

Prudential bank regulators and other supervisory authorities have put cybersecurity front and center in 2015 by issuing guidance that sets forth their expectations of improved cybersecurity and that incorporates cybersecurity...more

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