The FCA sees control over how firms engage in outsourcing as a key part of operational resilience. There is a new world-wide approach to the regulation of outsourcing and third-party risk management. These changes have come about because the way that regulated businesses operate has evolved since the rules were last changed including many businesses now using the Cloud.
FCA expects you to identify your set impact tolerances for the maximum tolerable disruption, carry out mapping and testing to a level of sophistication necessary to do so. You must also have identified any vulnerabilities in your operational resilience. Our Outsourcing Checklist for FCA Solo Regulated Firms helps you make sure that you have all of this covered, and more. It has been designed with the assessor in mind, making it practical, succinct, and self explanatory with space for assessors to record and track their responses.
Our Outsourcing Checklist for FCA Solo Regulated Firms is included in the guide, How to Comply with FCA Outsourcing Rules as a Word document. If you have bought the guide and now want the checklist in Excel, please let us know as we won’t charge you twice for the same product.
Contained within your digital download are:
- FCA operational resilience rules
- Compliance with MiFID, CRD and SYSC
- Formatted, ready to print or circulate internally
- Best practice
Outsourcing Checklist for FCA Solo Regulated Firms
This product is in Microsoft Excel (*.xlsx)