Representatives of the Financial Conduct Authority (FCA), Prudential Regulation Authority (PRA) and the Bank of England recently gave evidence to the House of Commons Treasury Select Committee in relation to IT failures in the financial services sector. Alison Barker (the FCA’s Director of Specialist Supervision), Lyndon Nelson (the PRA’s Executive Director of Regulatory Operations and […]

This abridged version of Directors and IT, a user-friendly guide for effective information technology (IT) oversight, highlights a six-step process that directors can follow to better fulfill their IT oversight responsibility. The unabridged guide (the Guide) includes a number of other supplemental tools for directors, including an IT oversight checklist to help execute the process; […]