“Operational resilience is the backbone of modern financial institutions. Dive deep into the U.S. interagency guidance SR 20-24 and its profound implications for the industry.”
About this white paper
- This white paper provides a comprehensive overview of the U.S. interagency guidance SR 20- 24, focusing on operational resilience.
- The guidance consolidates existing regulations, offering a holistic approach to ensuring that operations remain robust even during business disruptions.
- Developed by leading financial regulatory bodies, this guidance is a testament to the evolving landscape of risk management and the increasing importance of operational resilience in today's dynamic environment.
Reasons to read
- Stay updated: Gain insights into the latest U.S. interagency guidance on operational resilience.
- Practical guidance: Understand the key components of the guidance and how they can be applied in real-world operational risk scenarios including technology-based failures, cyber incidents, pandemics, natural disasters, and reliance on third-party service providers.
- Save time: Get a concise summary tailored for professionals, eliminating the need to sift through extensive documents.
Who will benefit
- This white paper is designed for professionals in the banking and financial services, risk management experts, compliance officers, and operational risk leads.
- If you're looking to understand the nuances of operational resilience and the regulatory expectations surrounding it, this document is a must-read.
Your learning outcomes
- U.S. Interagency Guidance overview: Delve into the core components of the SR 20-24 guidance and its objectives.
- Implications for financial institutions: Discover how guidance on resilience from the Federal Reserve, FDIC and the OCC can shape day-to-day operations and influence long-term strategic planning.
- Best practices: Learn actionable steps and follow federal guidance on sound practices drawn from existing regulations and statements as well as common industry standards that address operational risk management, business continuity management, third-party risk management, cybersecurity risk management, and recovery and resolution planning.
