Back-up service facilitation: readiness cannot be assumed
ArticleBack-up servicing has moved from a documentation formality to a live risk management issue.
22 Jul 2025 26 min listen

The Government has launched the Financial Services Growth and Competitiveness Strategy, the sector-specific paper to support the broader Industrial Strategy and drive economic development across the UK. Aligning with the Chancellor’s annual Mansion House speech, the Government also launched the Leeds Reforms to simplify the regulatory landscape and catapult the strategy into action.
In this episode David Morrey and Ben Farmer highlight the key takeaways for financial service firms and outline how the Government plans to support the sector.
Back-up servicing has moved from a documentation formality to a live risk management issue.
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