Protiviti – With their recent release of separate policy, supervisory and principles-based statements, the U.K. supervisory authority and the Basel Committee have officially put financial firms on notice to act now to prepare for formal operational resilience regulation. Now is the time for firms to allocate the necessary resources to address what is becoming not just a U.K. mandate, but a global one as well. This report summarizes the key policies and principles in the aforementioned documents, compares the varying resilience terminologies, and examines the many important areas of alignment between the U.K. regulators and the BCBS.