CFTC’s Proposed Operational Resilience Framework for Key Financial Entities

This course provides a thorough insight into the CFTC’s proposed Operational Resilience Framework, designed to enhance the resilience of Futures Commission Merchants, Swap Dealers, and Major Swap Participants. Learn about the key components such as information and technology security, third-party relationship management, and business continuity plans, and understand how to effectively implement these to mitigate operational risks.

In this course you will learn the following:
* Understand the purpose, intent, and scope of the proposed ORF rule.
* Explain the three core components of the ORF: the information and technology security program, the third-party relationship program, and the business continuity and disaster recovery plan.
* Describe the governance, training, testing, and recordkeeping requirements of the proposed rule.
* Understand the notification requirements to the CFTC and customers/counterparties.
* Articulate how to provide feedback on the proposed rule during the public comment period.
* Recognize that the rule is not yet finalized and may be subject to change.