FCA calls for cross-border cooperation to address financial risks
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AI-assisted source synthesis · not an independent investigation.
On October 23, 2026, Ashley Alder, Chair of the UK Financial Conduct Authority (FCA), called on regulators to address financial risks that could spread across industries, supply chains, and jurisdictions through cross-border cooperation. He outlined the UK regulators’ “Critical Third Parties Regime” for major cloud computing providers and proposed strengthening risk intelligence sharing, conducting joint cross-border scenario testing, and establishing data-sharing standards and crisis protocols in advance. The report did not mention a specific implementation timeline or any subsequent decisions regarding the proposals.
AI-written from reports · updated 2 hours ago
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- FCA (UK)SelectedFCA Chair Ashley Alder Calls for Cross-Border Cooperation to Address Cross-Cutting Risks
FCA Chair Ashley Alder called on regulators to address financial risks that spread across industries, supply chains and jurisdictions through cross-border cooperation. She introduced the Critical Third Parties Regime established by UK regulators for major cloud service providers, and proposed sharing risk intelligence, conducting joint cross-border scenario testing, and establishing data-sharing standards and crisis protocols in advance.
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