In July 2019, the FCA announced that it was partnering with the Alan Turing Institute to explore transparency and “explainability” of AI in the financial services sector. On June 11th 2021, the Alan Turing Institute published their report on “AI in Financial Services“. This FCA commissioned report
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INTRODUCTION

Operational resilience is a key focus area for regulators across Europe, at both the domestic and European level.  The banking crisis prompted regulators to strengthen the financial sector’s ability to weather financial risks.  But as the financial sector has become increasingly dependent on outsourced and third-party service providers, regulators
Continue Reading Draft Digital Operational Resilience in the Financial Sector Regulation: the contractual aspects