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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 Manager

Prudential Regulation Authority, Bank of England



Santosh Pandit has three decades of experience in banking, investment banking, insurance and international regulation. His domains of expertise include operational and cyber resilience, proactive management of emerging risks and investments across a wide range of asset classes. He was a NED before moving to the FSA in 2010 which subsequently became a part of the BoE/PRA. Santosh holds Post Graduate qualifications in finance and a degree in Computer Science and Engineering.