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Wayne Scott
Regulatory Compliance Solutions Lead @Escode (an NCC Group company) | Global Financial Services Regulations - Resilience - Non-cyber risk - stressed exit planning
Wayne Scott is the Regulatory Compliance Solutions Lead at Escode, a division of NCC Group, where he plays a crucial role in managing relationships with global financial services regulators and ensuring that Escode's products meet international regulatory standards. With over three decades of experience in the field, Scott has developed expertise in software escrow, cybersecurity, and big data, particularly focusing on third-party risk management and operational resilience.12
In his current position, Scott co-authors consultation paper responses related to third-party risk management and operational resilience, ensuring compliance with regulatory requirements across various jurisdictions, including the UK, US, Europe, Canada, and Australia. His advisory work with systemic financial institutions emphasizes the importance of developing effective stressed exit plans to mitigate risks associated with supplier failures.12
Scott's educational background includes a Bachelor of Arts with Honors in Film and Television Studies from the University of Derby. He is based in Altrincham, England, and has a significant following on LinkedIn, where he shares insights on cybersecurity and operational resilience.23
Highlights
How about a little "Last week in Resilience Regulation" round up?
https://lnkd.in/ehfcivA5 Bank of England puts Resilience at the top of their priority list for the coming year.
https://lnkd.in/ezWAcDgn Brilliant to see AWS doing the same.
https://lnkd.in/esaPJ9AH ESA's offering a "dry run exercise" to any FI who'd like to partake......and upon further scrutiny ...also to those who wouldn't!
https://lnkd.in/eSisTXYS CFTC looking like they'll mirror the work done by the other US regulators last summer.
The photo is the week's reading.
#resilience #ss221 #escrow #stressedexitplans #resiliencebydesign
Why every single year do I forget that November and December is regulatory announcement season? I always think it'll be an easy run in to the end of the year......but it never is.
https://lnkd.in/e5HtUeFy
This is some pretty impressive stuff from the Financial Stability Board (FSB). Globally acknowledging supplier failure, service deterioration and concentration risk as named risks.
#escrow #resilience #stressedexit
