FCA Operational Resilience (PS21/3)
Practice: Finance & Risk · Type: Regulation · UK-specific
FCA Policy Statement PS21/3 requires UK financial firms to identify important business services, set impact tolerances and ensure they can remain within them through severe-but-plausible disruption. Celeredge maps important business services and impact tolerances to FCA PS21/3.
Benefits
- Scored on FCA Operational Resilience's own scale — not a generic rubric.
- Every score is traceable to the client's own evidence — policies, reports and data.
- Gaps ranked by severity, ready to become the plan.
- A board-ready slide deck and a detailed report, generated automatically.
- Re-runnable as resilience improves, tracking progress against PS21/3.
When to use it
- To map important business services and impact tolerances to FCA PS21/3.
- When a UK financial firm must evidence it can remain within impact tolerances.
- To prepare for severe-but-plausible disruption scenario testing.
- To baseline operational resilience ahead of supervisory review.
What it assesses
Celeredge maps important business services and impact tolerances to FCA PS21/3 and ranks the gaps below regulatory expectations. It covers:
- Important business services
- Impact tolerances
- Severe-but-plausible disruption scenarios
- Ability to remain within tolerances
Expected output
Celeredge produces per-dimension maturity scores on FCA Operational Resilience's own scale. Each answer carries a confidence signal and citations back to the client's evidence, and gaps are ranked by severity. The run generates a board-ready slide deck and a detailed HTML report. See Maturity Scoring, Reports and Deck Studio.
How to use it in Celeredge
- Collect the client's evidence — see Evidence Collection.
- In Diagnose, select FCA Operational Resilience (PS21/3).
- Run the assessment and watch it stream — see Running Assessments.
- Review per-dimension answers with their confidence and citations, then accept the ones you trust.
- Send gaps to Plan — see Gap Analysis.
FAQ
What is FCA Operational Resilience?
FCA Policy Statement PS21/3 requires UK financial firms to identify important business services, set impact tolerances and ensure they can remain within them through severe-but-plausible disruption.
What does a Celeredge FCA Operational Resilience assessment deliver?
An evidence-based readiness assessment scored on the regulation's own scale, with gaps ranked by severity and an auto-generated, board-ready slide deck and detailed report — every score traceable to the evidence behind it.
How does the assessment work?
Clients upload their own evidence — policies, reports and data. An AI interviewer asks targeted follow-ups to fill anything missing, the platform scores against the framework, ranks the gaps, and generates the deliverables.
Celeredge runs an independent readiness and alignment review against this framework. It is not a certification audit and is not endorsed by the standard's owner. Framework and standard names are trademarks of their respective owners.