skilled-person-panel-lot-descriptions.pdf

Here are the key points summarized:

Lot G: Prudential

• Evaluating whether solo-regulated firms have adequate financial resources
• Skills and expertise required:
  • Knowledge of regulatory requirements, standards, and industry best practices
  • Experience in assessing firm's skills, systems, and processes for calculating capital and liquidity
  • Ability to assess firm's business model and strategy, including stress testing and reverse stress testing

Lot H: Prudential

• Evaluating whether solo-regulated firms have adequate financial resources
• Skills and expertise required:
  • Knowledge of regulatory requirements, standards, and industry best practices
  • Experience in assessing firm's skills, systems, and processes for calculating capital and liquidity
  • Ability to assess firm's business model and strategy, including stress testing and reverse stress testing

Lot I: Technology and Information Management

• Assessing whether firms have effective technology and information management systems
• Skills and expertise required:
  • Knowledge of regulatory requirements, standards, and industry best practices
  • Experience in IT infrastructure, control frameworks, cybersecurity, project management, and software development
  • Ability to assess firm's IT strategy, governance, culture, and risk management

Lot J: CBEST Threat Intelligence

• Provision of threat intelligence services by a supplier with CBEST-Threat Intelligence accreditation

Lot K: CBEST Penetration Testing

• Provision of penetration testing services by a supplier with CBEST-Penetration testing accreditation

Lot L: Credit Rating Agencies

• Provision of credit opinions to the standard of public issue credit ratings on financial assets
• Requirements:
  • Registration or certification in accordance with CRA regulation
  • Compliance with regulatory requirements and industry best practices