UK Finance response to the Financial Stability Board’s (FSB’s) Consultative document on “Enhancing Third-Party Risk Management and Oversight

A toolkit for financial institutions and financial authorities.

UK Finance represents firms with global operational footprints, and the misalignment of Financial Authority / Regulator approaches to these activities across a multitude of jurisdictions can be problematic. An effective toolkit to help firms and financial authorities to navigate TPRM and its oversight is a welcome addition to the FSB’s work in this area.

Area of expertise: