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On 19 December 2019, the European Commission (Commission) published an inception impact assessment on a proposal for a regulation on digital operational resilience for the financial services sector.

The impact assessment has been published alongside a public consultation requesting feedback on how the financial services sector can be improved to be more secure

The FCA’s Executive Director of Supervision – Investment, Wholesale and Specialist, Megan Butler, gave a speech at the TISA’s Operational Resilience Forum in London about their joint consultation paper published on 5 December 2019 regarding operational resilience. Her speech addressed the outcomes the FCA is seeking from the new requirements and expectations that operational resilience