Regulatory Alerts2021-11-05
Added · Updated
FIRO Code of Practice Chapter OCIR-1 on Operational Continuity in Resolution
The Financial Regulatory Authority issued this Code of Practice Chapter OCIR-1 to establish standards for operational continuity during the resolution of authorized institutions. The document mandates that all authorized institutions maintain robust resolution planning capabilities to ensure critical operations can continue effectively under stress. It serves as a direct regulatory requirement for maintaining financial stability through structured operational resilience frameworks.
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