Regulatory Wrap Episode #47: Learning from the CrowdStrike Outage
In Regulatory Wrap for the week to November 8, Jennie Clarke explores regulatory stances on operational resilience, especially in light of the CrowdStrike incident in July.
Getting priorities straight – Key takeaways from the SEC’s 2025 Examination Priorities
The SEC’s 2025 Examination Priorities continue trends seen throughout 2024. However, in line with developing interest areas, there is an increased weight placed on topics like AI and operational resilience.
Five developments to show why operational resilience should be on your radar
Operational resilience is an essential practice to remain protected in a landscape of intensifying cyber threats. Regulators have taken steps to demonstrate their increasing focus on this matter by implementing guidelines, frameworks, and direction to preserve security.
OCC to join regulatory rollout as it eyes operational risk requirements for banks
The OCC has announced that it is focusing on baseline operational resilience requirements for large banks with critical operations.
Mail disorder – J.P. Morgan Fined by SEC for deletion of 47million communications
The financial services giant has been fined $4 million and censured for the permanent deletion of communications data that was required to be retained under Exchange Act rules.
OCC Semiannual Report Puts Banking Risks in Perspective
The Office of the Comptroller of the Currency’s report has highlighted the key areas of risk that banks need to manage to stay resilient and maintain confidence – and counseled against complacency.
Are your third parties operationally resilient? Key considerations for UK firms
As third-party vendors slowly become the backbone of the operation of financial services, there’s increasing focus on the operational resilience of those third parties. We set out 5 considerations that should be top of mind.