APIs a ‘Game Changer’ for Third-Party Oversight – BNY Mellon EMEA Commercial Lead
As UK regulators look to strengthen operational resilience rules, one solution could be to use APIs to access vendor data.
Regulated banks are looking to application programming interfaces (APIs) and vendor control dashboards to manage their third-party operations.
This comes as UK regulators propose new rules aimed at zeroing in on third- and fourth-party risk.
On December 5, 2019, the Bank of England, the Prudential Regulation Authority and the Financial Conduct Authority jointly released a series of consultation papers aimed at strengthening the operational resilience of financial services and modernizing the
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