BoE, PRA and FCA set out plans to regulate third-party tech firms
  • X
  • LinkedIn
  • Email
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
  • Email
© 2024 Insider International Limited, company number 15236286, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian Group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement
Cookies Settings

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
  • Copy Link URLCopied!
  • 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...

Enter your e-mail to claim a free trial:

Uncover exclusive insights tailored for insurance leaders

    • Stay Informed: Access exclusive industry insights
    • Gain a competitive advantage: Hear first about tactical developments
    • Make better decisions: Understand market dynamics in crucial lines of business
Take a free trial Already a subscriber? Login now

Topics

NewsRegulationPRA FCA
LeGouais_Marcel.png
Marcel Le Gouais
Deputy Editor
Gift this article