The PRA's expectations on Operational Continuity in Resolution (OCIR)

The PRA has published updates to its policy and a revised supervisory statement on ensuring operational continuity in resolution (PS 9/21 and SS4/21) following its consultation paper in October 2020 (CP 20/20).

This bulletin highlights what this means for firms, who is impacted, what they need to do and by when.

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This content was originally published by Allen & Overy before the A&O Shearman merger