Exploring global financial regulations: Solutions for compliance & operational resilience

  • 19 Nov 2024
  • , 15:00 GMT

To register for this event please log in to your BCI website profile. If you do not have a website profile, please register here.

The aim of this webinar is to provide a comprehensive understanding of the global regulations impacting financial services, such as DORA in the EU, FCA/PRA in the UK, and similar frameworks worldwide. It will offer practical solutions and best practices to help organizations navigate compliance challenges while strengthening their resilience strategies.

Outline

  • Introduction (5 minutes)
    • Welcome by Donna Maclellan and Marc McStay.
    • Brief introduction to Continuity2 and BCI, and the relevance of operational resilience in financial services.
    • Overview of the agenda, highlighting the key topics and takeaways.
  • In-Depth Overview of Global Financial Regulations (25 minutes)
    • Comprehensive exploration of key regulations:
      • Digital Operational Resilience Act (DORA) in the EU and its upcoming requirements​.
      • FCA/PRA Regulations in the UK and the phased approach to compliance​​.
      • Basel Committee Principles and other global guidelines impacting operational resilience​.
      • Emerging regulations in the USA (e.g., guidelines from the Federal Reserve), Asia-Pacific (e.g., MAS in Singapore), and the Middle East (e.g., UAE Central Bank)​.
    • Emphasis on best practices for staying compliant, including mapping business services, setting impact tolerances, and managing third-party risks effectively​.
  • Effective Solutions for Compliance and Building Resilience (20 minutes)
    • Practical steps and technologies that organizations can leverage to streamline compliance and build operational resilience:
      • Automating the identification of Important Business Services (IBS) and conducting impact analysis efficiently​.
      • Leveraging scenario testing tools to ensure readiness and resilience against disruptions​.
      • Strategies for integrating technology and resilience best practices to reduce manual workload and ensure consistent compliance​.
    • Real-world examples illustrating how these solutions are applied in financial services firms to manage risks and improve overall resilience.
  • Q&A Session (5 minutes)
    • Attendees can submit questions throughout the webinar.
    • The hosts will address a selection of key questions at the end of the session. Remaining questions will be answered and followed up via email after the webinar.
  • Conclusion and Call to Action (2 minutes)
    • Brief summary of the key points covered.
    • Invitation for attendees to download the complimentary Financial Services and Resilience Whitepaper, providing an in-depth overview of global regulations and actionable strategies.
    • Information on how attendees can book a demo or follow up for further assistance.

Speakers:

  • Donna Maclellan.jpg

    Donna Maclellan

    Lead Risk and Resilience Analyst, Continuity2

  • Marc McStay.jpg

    Marc McStay

    Chief Product Officer, Continuity2

 

More on