The latest resilience news from around the world

KPMG has published its first UK Regulatory Barometer, which identifies nine key regulatory themes and assigns them each a regulatory impact score based on attributes such as volume of updates, complexity and time to implementation.

The UK Regulatory Barometer ranks operational resilience in joint third place, alongside ‘Regulating digital finance’ and behind ‘Maintaining financial resilience’ and the top regulatory theme ‘Delivering ESG and sustainable finance’.

The report says that while some operational resilience policy is already in place in the UK, extensive new requirements are either proposed or awaited for digital resilience and critical third party providers.

The UK Regulatory Barometer aims to help financial services institutions understand the scale and likely impact of regulatory change pressures.

The average Impact Score for this first issue of the Regulatory Barometer is of 6.9 out of 10. The higher the score the more oversight and resources firms may need to devote to regulatory change, with KPMG’s FS Regulatory experts regarding a score over 5 as a significant level of regulatory pressure. Operational resilience is given a score of 7.1.

More details.


Want news and features emailed to you?

Signup to our free newsletters and never miss a story.

A website you can trust

The entire Continuity Central website is scanned daily by Sucuri to ensure that no malware exists within the site. This means that you can browse with complete confidence.

Business continuity?

Business continuity can be defined as 'the processes, procedures, decisions and activities to ensure that an organization can continue to function through an operational interruption'. Read more about the basics of business continuity here.

Get the latest news and information sent to you by email

Continuity Central provides a number of free newsletters which are distributed by email. To subscribe click here.