Recent banking app failures have raised the profile of operational resilience and its importance, but people may have missed the fact that in the run up to Christmas last year the FCA issued a consultation paper CP 24/28 https://www.fca.org.uk/publication/consultation/cp24-28.pdf on Operational Incident and Third Party Reporting which has real relevance for payments firms.
The deadline for responses is 13 March and we at Cosegic felt it important that we give our view on the proposals.
You can read our response here below.
Related resources
All resources
4 July 2025
Working Together: the FCA and ICO help firms to use AI responsibly
27 June 2025
Talking Regulation: Regulators revise Memorandum of Understanding in relation to payments in the UK
25 June 2025
CP25/15: A regime for cryptoasset firms: current developments
24 June 2025
FCA authorisation for Digital Finance Firms: Do’s and don'ts