<p><span>The Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) have fined TSB Bank plc (“TSB”) a total of £48,650,000 for operational risk management and governance failures, including management of outsourcing risks, relating to the bank’s IT upgrade programme. Technical failures in TSB’s IT system ultimately resulted in customers being unable to access banking services.</span></p>
The Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) have fined TSB Bank plc (“TSB”) a total of £48,650,000 for operational risk management and governance failures, including management of outsourcing risks, relating to the bank’s IT upgrade programme. Technical failures in TSB’s IT system ultimately resulted in customers being unable to access banking services.
African Peacebuilding Network: Individual Research Fellowships Deadline: 10-Feb-23 The African Peacebuilding Network (APN) of the Social Science Research
The ECOWAS Commission participated in the 6th Ministerial Conference of the Euro-African Dialogue on Migration and Development on 13-14 December 2022 in Cadiz, Spain. This conference which was held at the invitation of the Kingdom of Spain aimed at: • Identify the current challenges faced by the participating countries of…
Globally one in eight or over one billion people today are migrants with 281 million international migrants and many million individuals who are stateless, according to World Health Organization (WHO).
Climate change, rising inequality, conflicts, trade, and population growth are accelerating these trends, WHO said in a statement.