If it’s true that firms have coped well with disruptive changes so far, now it is time to implement and strengthen their Operational Resilience plans to future-proof businesses against whatever lies ahead.
Hence, from 1st April 2022 until 31st March 2025, firms will have the duty to remain within the impact tolerances set as soon as reasonably practicable.
The gold standard here would be for firms to be able to continue operating their services throughout any severe but plausible operational incidents through effective response strategies.
