UK and EU regulators sign CTP oversight MoU
15 January 2026 UK
Image: Angela/stock.adobe.com
The FCA, Bank of England, and Prudential Regulation Authority have signed a Memorandum of Understanding (MoU) with the European Supervisory Authorities to enhance cooperation and oversight of critical third parties (CTPs) that fall under the UK’s CTP regime.
The MoU establishes a framework for coordinating and sharing information on the oversight of CTPs under the UK regime and critical third party providers (CTPPs) under the EU’s Digital Operational Resilience Act (DORA), including during incidents such as power outages or cyber-attacks.
The MoU aims to manage potential risks to financial stability and market confidence, as well as strengthen international cooperation.
It will also help reduce duplication and regulatory burden on CTPs and CTPPs.
The UK’s CTP regime complements similar international standards and is designed to be compatible with DORA.
The agreement demonstrates UK regulators’ commitment to cross-border cooperation and strengthening operational resilience to support growth and promote market stability.
The MoU establishes a framework for coordinating and sharing information on the oversight of CTPs under the UK regime and critical third party providers (CTPPs) under the EU’s Digital Operational Resilience Act (DORA), including during incidents such as power outages or cyber-attacks.
The MoU aims to manage potential risks to financial stability and market confidence, as well as strengthen international cooperation.
It will also help reduce duplication and regulatory burden on CTPs and CTPPs.
The UK’s CTP regime complements similar international standards and is designed to be compatible with DORA.
The agreement demonstrates UK regulators’ commitment to cross-border cooperation and strengthening operational resilience to support growth and promote market stability.
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