UK FCA/PRA Operational Resilience Framework
PRA Rulebook Operational Resilience Parts (in force) – UK FCA/PRA Operational Resilience Framework

UK FCA/PRA Operational Resilience Framework P-8.1: Account for group risks and meet the requirements for important group business services

A firm in a group must account for risks elsewhere in the group that could affect its ability to stay within tolerance; a firm in a consolidation group (or an insurer in a PRA-supervised group, subject to third-country equivalence) must also identify important group business services and set their tolerances on a consolidated basis, and ensure group-level strategies, processes and systems meet the same requirements and allow it to assess whether each group provider could remain within tolerance.

Maintained by Gerard BlokdykVerified against the published standard Control text last updated

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