CTPS 2.2 Material outside the Handbook

The regulators have published a joint Supervisory Statement titled ‘Operational resilience: Critical third parties to the UK financial sector’.

That document sets out the regulators’ expectations of how critical third parties should comply with the regulators’ rules.

That means that CTPS does not in general have guidance on the rules in CTPS. Instead, such guidance is to be found in the joint Supervisory Statement referred to in CTPS 2.2.1G. That Supervisory Statement should be the main source of reference for critical third parties on how to approach, interpret and comply with the rules in CTPS and the rules of the other regulators.

The only exception is that guidance on the rules about skilled persons can be found in CTPS 13 (Reports by skilled persons).