FSB hosts roundtable on public-private sector collaboration to strengthen operational resilience

The FSB hosted a roundtable in Basel on 10 September, exploring the practical steps to strengthen the preparedness of the financial sector for significant operational disruptions through public-private sector collaboration.

Participants included senior officials from FSB member authorities and stakeholders (e.g. national/regional public-private sector collaboration fora, financial institutions, non-financial sector government agency).

Discussions focussed on:

1. Building relationships and trust between authorities and firms
2. Distilling and distributing lessons learned from operational incidents and exercises
3. effective practices of public-private sector collaboration;
4. potential for public-private sector collaboration across sectors and jurisdictions (interoperability); and
5. potential future challenges in strengthening operational resilience through public-private sector collaboration.