Webinar Description
Key Takeaways
- Covers FCA PS26/2 and PRA PS7/26 requirements for operational incident and material third-party reporting, effective 18 March 2027
- Aimed at risk, compliance, operations and third-party management professionals in UK financial services
- Addresses business service mapping, incident escalation and evidence requirements for defensible regulatory reporting
- Led by Michael Rasmussen, focusing on practical programme development for operational resilience and Third-Party GRC
New UK Reporting Requirements
From 18 March 2027, firms regulated by the Financial Conduct Authority and Prudential Regulation Authority must comply with new operational incident and material third-party reporting obligations under FCA PS26/2 and PRA PS7/26. These rules require in-scope organisations to report significant operational disruptions and maintain registers of material third-party arrangements, covering both outsourcing and non-outsourcing relationships.
Building a Practical Reporting Programme
This webinar, hosted by Decision Focus and led by Michael Rasmussen, examines how organisations can connect business services, third-party relationships, incidents, controls and evidence to identify reportable events. The session covers the distinct requirements for material third-party notifications and registers, and how to establish clear ownership and accountability across departments. Attendees will learn approaches for mapping complex third-party dependencies and assessing incidents against regulatory thresholds.
Readiness and Decision-Making
The webinar addresses how to close gaps in information, coordination and decision-making before the regulatory deadline. Topics include readiness testing, scenario planning and establishing processes that support timely, accurate and defensible reporting to regulators.
Who Should Attend
The session is designed for risk, compliance and operations professionals, technology and third-party management teams, and senior managers in banking, insurance and fintech. It is relevant to any organisation subject to FCA and PRA regulations with responsibilities for operational resilience, regulatory reporting or third-party oversight.