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Events

Operational and Cyber Resilience and Internal Audit

18 November 2020

12.00 - 1.00 pm

A review of the recent Building operational resilience: impact tolerances for important business services Consultation, the principles, proposals and implications for internal audit

Following the recent closure of the extended regulatory consultation ‘Building operational resilience: impact tolerances for important business services’, the PRA and FCA are currently considering submitted responses with a view to publishing finalised rules in a Policy Statement (PS), likely in Q1 next year.

In advance of the published guidance, our speaker Santosh Pandit, Senior Manager, PRA will discuss the broad principles of the Consultation and its proposals and consider what the internal audit community can do by way of preparation towards Operational Resilience. This will include some of the priority considerations for internal audit in view of the rapid increase in cyber risk.

This will be an interactive session, allowing you to post questions in the chat window and interact with the speaker.

If you would like to join us please book your place via this link.

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Speakers Profiles

Santosh Pandit

Senior Regulator and Manager

Prudential Regulation Authority, Bank of England

 

 

 

Santosh Pandit is a senior regulator in the United Kingdom. As a senior manager at the Bank of England's Prudential Regulation Authority (PRA), his responsibilities include operational risk and resilience in the insurance sector, covering cyber, outsourcing and third-party risk management, operational incidents and emerging technology risks.

Outside his regulatory work, Santosh is a hands-on practitioner of applied post-quantum cryptography and a technology innovator. He takes a close interest in the future of internal audit and how the profession can stay ahead of fast-moving risk.

He is speaking in a personal capacity, and the views he shares are his own. Santosh will be taking questions, so come prepared!