Financial Conduct Authority—UK regulator for financial services with operational resilience requirements.
The Financial Conduct Authority (FCA) is the UK regulatory body for financial services firms. FCA regulates conduct, consumer protection, and increasingly operational resilience including cyber security. FCA-regulated firms must meet requirements for systems security, business continuity, and incident reporting. FCA can impose significant fines for compliance failures. Financial services firms should understand FCA expectations for cyber resilience.
Why It Matters
The DSC Perspective:
FCA regulation drives security requirements in financial services. If you're FCA-regulated or supply to regulated firms, understand FCA operational resilience expectations. Regulatory scrutiny of cyber security is increasing.