Operational Resilience – TC Alexander Sloan Credit Union Services

Alexander Sloan Contribute to Sector Defining Outlook Report

Guest Blogger — Fri, 02 May 2025 17:51:13 +0000

Steven Cunningham, Partner at Alexander Sloan, has contributed expert insight to the Credit Union Outlook Report 2025 – a landmark publication capturing the evolving risk, compliance and resilience landscape across the UK and Irish credit union sector. Produced by Drova in collaboration with the Swoboda Research Centre, the report brings together survey insights from 51 …

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Operational Resilience- Regulators Approach

Steven Cunningham — Thu, 21 Apr 2022 16:00:00 +0000

The operational resilience of financial institutions is fundamental to the objectives of both the FCA and the PRA and therefore this topic is high on the regulators’ agenda. In August 2017, the PRA’s letter to Version 4 Credit Unions discussed their focus on operational resilience. Since then a number of large version 5 and version 4 …

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Operational Resilience Consultation Papers

Steven Cunningham — Tue, 07 Jan 2020 12:34:00 +0000

In December 2019, the regulators issued a number of consultation papers on Operational Resilience. FCA CP 19/32 looked at impact tolerances for important business services. The papers follow many of the key principles outlined by the regulators in DP 1/18, “Building the UK financial sector’s operational resilience”. The paper only applies to banks, building societies, …

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Operational Resilience Approach

Steven Cunningham — Mon, 18 Mar 2019 09:14:27 +0000

Operational resilience is becoming ever more important to Credit Unions. With UK banks being hit by more than one security or IT issue, that potentially stops payments, every day it is understandable why the regulators are focusing on this issue. We look at some of the key areas where the key aspects of operational resilience: …

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Business Continuity Plans

Steven Cunningham — Mon, 24 Sep 2018 09:00:45 +0000

Business continuity plans will be a key component of your approach to operational resilience. While there are differences between Business Continuity Plans and Disaster Recovery Plans the terms are often used interchangeably and have been for the purposes of this article. The importance of these plans can not be underestimated. There are number of surveys …

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