BoE, PRA and FCA set out plans to regulate third-party tech firms
  • X
  • LinkedIn
  • Email
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Email
  • Free Trial
  • Log in

BoE, PRA and FCA set out plans to regulate third-party tech firms

Marcel Le Gouais
21 July 2022
  • X
  • LinkedIn
  • Email
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Email
london_skyline_lloyds_cyber_red_digits_2022.png

Cloud service providers, data analytics firms, InsurTechs and other technology companies could face resilience testing and skilled-person reviews under proposals announced today to bring these firms under the financial regulatory regime.

In a joint announcement, the Bank of England, Prudential Regulation Authority (PRA) and Financial Conduct Authority (FCA) launched a discussion paper setting out measures to oversee and strengthen the resilience of what they called critical third-party firms (CTPs) in...

Subscribers, log in here:

Fuel a smarter strategy with our actionable market intelligence

      • Gain a competitive edge and accelerate decision-making
      • Be empowered by insights that transform confusion to clarity
      • Uncover growth opportunities and prepare for potential threats
      • Fuel a smarter strategy for business growth
Request a free trial Already a subscriber? Log in now

Topics

News Regulation PRA FCA
LeGouais_Marcel.png
Marcel Le Gouais
Deputy Editor
Gift this article