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ARTICLE · 30 JANUARY 2024

UK Financial Insights From Katten | Issue 7

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UK Financial Insights from Katten is a monthly newsletter highlighting key noteworthy developments potentially affecting financial markets and funds in the UK and Europe.

United KingdomFinance and Banking

UK Financial Insights from Katten is a monthly newsletter highlighting key noteworthy developments potentially affecting financial markets and funds in the UK and Europe.

To read more issues of UK Financial Insights from Katten, please click here.

UK Regulators Consult on Operational Resilience for Critical Third Parties

By Nathaniel Lalone, Ciara McBrien

On 7 December 2023, the Bank of England (BoE), Prudential Regulation Authority (PRA) and Financial Conduct Authority (FCA) (together, the Regulators) published a joint consultation paper on operational resilience for critical third parties (CTPs) in the UK financial sector. In the consultation, the Regulators propose new rule requirements and accompanying expectations for CTPs. Read about CTP designation.

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