UK Finance response to the Bank of England and Financial Conduct Authority Discussion Paper 3/22

“Critical third parties to the UK financial sector”

To structure our response in the most digestible format it has been split into three sections.

Section 1 – A consolidated response to the 21 questions posed in the Discussion Paper.

Section 2 – Highlights issues that are not directly aligned with any single question from this list, but UK Finance’s membership would like to be addressed.

Section 3 – A range of questions that our membership would like to be addressed by the Supervisory Authorities as they progress this regulatory journey.