UK Regulators Consult on New Reporting Requirements for Operational Incidents and Use of Material Third Parties

On 13 December 2024, the FCA and the PRA published linked Consultation Papers on operational incident and third-party reporting (FCA CP24/28 and PRA CP17/24). The consultations aim to create a structured framework for financial services firms to report operational incidents and material third-party relationships....
By: Latham & Watkins LLP

Array