header-logo header-logo

Home Login E-newsletter About us
13 February 2026
Issue: 8149 / Categories: Legal News , Regulatory , Profession , Risk management , Financial services litigation
printer mail-detail

NLJ this week: Stress-testing the City

© Copyright LexisNexis 2026. All Rights Reserved.
242555
Operational resilience is no longer optional. Writing in NLJ this week, Emma Radmore and Michael Lewis of Womble Bond Dickinson explain how UK regulators expect firms to identify ‘important business services’ that could cause ‘intolerable levels of harm’ if disrupted

Eight steps—from mapping vulnerabilities to board-approved self-assessment—must now be embedded and reviewed at least annually . The FCA has warned against narrow time-based impact tolerances and complacency about replaceable suppliers.

Firms must plan for ‘severe but plausible’ events, from cyber failure to pandemics. With AI and third-party risk adding complexity, resilience must be woven into enterprise-wide risk management—or face regulatory consequences.

Issue: 8149 / Categories: Legal News , Regulatory , Profession , Risk management , Financial services litigation
printer mail-details
RELATED ARTICLES
 

MOVERS & SHAKERS

Read All
Sponsored by
Seddons GSC—Ben Marks

Seddons GSC—Ben Marks

Partner joins residential real estate team

Winckworth Sherwood—Shazia Bashir

Winckworth Sherwood—Shazia Bashir

Social housing team announces partner appointment

University of Manchester: The LLM driving tech-focused career growth

University of Manchester: The LLM driving tech-focused career growth

Manchester’s online LLM has accelerated career progression for its graduates

NEWS
Read All
NLJ this week: 40 years on, has PACE lost its edge?
The Police and Criminal Evidence Act 1984 transformed criminal justice. Writing in NLJ this week, Ed Cape of UWE and Matthew Hardcastle and Sandra Paul of Kingsley Napley trace its ‘seismic impact’
NLJ this week: Stress-testing the City
Operational resilience is no longer optional. Writing in NLJ this week, Emma Radmore and Michael Lewis of Womble Bond Dickinson explain how UK regulators expect firms to identify ‘important business services’ that could cause ‘intolerable levels of harm’ if disrupted
NLJ this week: How sure is ‘sure’ enough?
Criminal juries may be convicting—or acquitting—on a misunderstanding. Writing in NLJ this week Paul McKeown, Adrian Keane and Sally Stares of The City Law School and LSE report troubling survey findings on the meaning of ‘sure’
NLJ this week: A deferred prosecution reprieve
The Serious Fraud Office (SFO) has narrowly preserved a key weapon in its anti-corruption arsenal. In this week's NLJ, Jonathan Fisher KC of Red Lion Chambers examines Guralp Systems Ltd v SFO, in which the High Court ruled that a deferred prosecution agreement (DPA) remained in force despite the company’s failure to disgorge £2m by the stated deadline
NLJ this week: Mandelson, Epstein & the court of popular opinion
As the drip-feed of Epstein disclosures fuels ‘collateral damage’, the rush to cry misconduct in public office may be premature. Writing in NLJ this week, David Locke of Hill Dickinson warns that the offence is no catch-all for political embarrassment. It demands a ‘grave departure’ from proper standards, an ‘abuse of the public’s trust’ and conduct ‘sufficiently serious to warrant criminal punishment’
Copyright © 2026 LexisNexis
back-to-top-scroll