Critical Third Parties: A UK Risk Committee Checklist for 2026
UK risk committees must now oversee Critical Third Parties like AWS, Google and Microsoft under BoE, PRA and FCA rules live since July 2026.
UK risk committees must now oversee Critical Third Parties like AWS, Google and Microsoft under BoE, PRA and FCA rules live since July 2026.
FCA and PRA have shifted from compliance checks to active scrutiny. UK boards must now prove operational resilience with evidence, not just frameworks.
FCA and PRA’s SMCR Phase 1 reforms took effect April 2026. What UK financial services executives must know — and act on — before Phase 2 legislation lands.