UK HMT Publishes Policy Paper on its Approach to Designation of Critical Third Parties
By EsqSocial Corporation 28/03/24
On 21 March 2024, HM Treasury (HMT) published a policy paper (Policy Paper) setting out its approach to designating critical third parties (CTPs). This follows the Bank of England, Prudential Regulation Authority and Financial Conduct Authority’s (together, the Regulators) December 2024 consultation on operation resilience for CTPs in the UK financial sector (Consultation)....
By: Katten Muchin Rosenman LLP