Browsing: Operational resilience

Identifying impact tolerances for important business services is a vital aspect of operational resilience: but, once these are established, they need to be assessed and confirmed through the use of scenario testing.

Sasha Mills, Executive Director, Financial Market Infrastructure, at the Bank of England, has set out the Bank’s vision for operational resilience and explained what it is looking for from FMIs in the run up to the March 2025 Operational Resilience Policy compliance deadline.