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
17 June 2025
What’s the risk? Best practices for conducting a financial crime risk assessment
20 May 2025
UK Payment Firms adjust well to new APP scam reimbursement rules
19 May 2025
Smaller asset managers and alternatives business model review: FCA findings
19 May 2025
A wake-up call for Payment Firms: FCA targets inactivity