Industry should work together on operational resilience – BoE

Regulator is to “shortly” issue a report highlighting opportunities for op risk collaboration

Lyndon Nelson
PRA’s Lyndon Nelson: “[Industry needs to develop] ideas on how to protect systems and data more robustly”
Photo: Bank of England/Flickr

The Bank of England (BoE) is set to release a report highlighting the importance of collaboration among financial firms in the face of evolving threats to their financial resilience – from cyber attacks to the failure of critical infrastructure providers.

Speaking at an industry event earlier this week, Prudential Regulation Authority deputy CEO Lyndon Nelson said the report, which is to be published “shortly”, will examine risks that “are unmanageable by firms individually” and that “lend

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to View our subscription options


Want to know what’s included in our free membership? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here