Compliance & Regulations/United Kingdom/PRA SS1/21
Banking & Finance · United Kingdom — PRA-regulated firms

PRA SS1/21

The PRA's supervisory statement on operational resilience for UK banks, insurers, and PRA-designated investment firms.

Regulator
Bank of England — Prudential Regulation Authority
Jurisdiction
United Kingdom — PRA-regulated firms
Status
Active.
In force since
Active
Regulator's source
Who it applies to

PRA-regulated firms.

Audit / certification status

Continuous evidence pipeline available; audit support included for all customers.

What it requires

What PRA SS1/21 actually requires.

These are the obligations a regulated entity owes — the things an assessor or supervisor will ask about.

01

Identification of Important Business Services.

02

Setting impact tolerances and proving the firm can stay within them through severe but plausible scenarios.

03

Self-assessment submitted to the PRA annually.

How Safeguard maps to it

Pre-mapped controls. Continuous evidence.

Each requirement above is bound to live telemetry — not screenshots. The mapping below is what your auditor or regulator sees.

Important Business Service register with mapped ICT dependencies.

Scenario testing harness with operational-resilience-specific runbooks.

Evidence we produce

Artifacts your auditor accepts.

Each evidence artifact is signed and timestamped. Auditors can verify integrity without trusting Safeguard.

Important Business Service register.

Impact tolerance scenario test reports.

Ready for PRA SS1/21?

Bring the framework. We'll walk the controls with you — section by section, evidence packet by evidence packet, with the regulators you actually have to answer to.

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