GRA · Financial Regulation Nexus
Spatial financeWhere capital meets hazard, exposure and transition
Resilience and finance readiness
Regulatory readiness, on this platform, asks what evidence a supervisor or a regulated firm would need before a resilience programme or a new risk can be discussed under existing rules: which rules apply, which data supervisors would expect and where rules are silent. Financial Regulation Nexus prepares that mapping and the questions. It interprets no rule for any firm and grants nothing.
Resilience and finance readiness in five parts.
Readiness is not approval.
A readiness file describes a programme's evidence, risks and governance so that an institution can carry out its own review. The Global Risks Alliance (GRA) does not approve, rate, underwrite, lend or invest, and it recommends no counterparty.
Where the main international rules stand, October 2026.
Statuses change. Each row is checked against the issuing body before publication and dated.
| Rule | Status |
|---|---|
| Basel III final reforms | EU applied from January 2025 with FRTB deferred; UK from 1 January 2027 with FRTB internal models from 2028; US re-proposed March 2026, not final |
| Insurance Capital Standard | Adopted December 2024; implementation self-assessment 2026, jurisdictional assessments from 2027 |
| Solvency II review | Amendments apply from 30 January 2027 |
| IFRS S2 amendments on GHG | Issued December 2025; effective 2027 |
| ISSB nature-related requirements | Proposed Practice Statement; exposure draft targeted October 2026 |
| EU AI Act high-risk duties for credit scoring | Moved to 2 December 2027 by Regulation 2026/1744 |
| US model risk guidance | SR 26-2 issued April 2026, superseding SR 11-7 |
| FATF Recommendation 16 | Revised June 2025; implementation by end-2030 |
How the process runs.
Process explorer · Process
Resilience and finance readiness: Programme through eight gates
11 steps·4 stages·8 gates
Process
Resilience and finance readiness: Programme through eight gates
The Global Risks Forum (GRF) records eight yearly gates, each a programme decision; a gate not passed stops its work, and the competent authority decides outside.
01 Q1 · Planning
- 01G0 · Annual programme authorisedGate · The Global Risks ForumGRF authorises the annual mandate. It never sets a national agenda.
- 03Route the candidate mission to standardsStep · Nexus StandardsNexus Standards routes each candidate mission to the standards and profiles that apply.
02 Q2 · Readiness and build
- 04G1 · Missions admittedGate · The Global Risks ForumGRF admits missions with reasons recorded. It cannot admit a mission without an accountable owner.
- 05G2 · Data and resources qualifiedGate · The Global Risks ForumReadiness preparation closes when data, people and resources are qualified.
- 06G3 · Build accepted for exerciseGate · The Global Risks ForumGRF records whether the build is accepted for exercise. A gate not passed stops the work it governs.
03 Q3 · Action Week
- 07G4 · Controlled live operation authorisedGate · The Global Risks ForumGRF authorises controlled live operation for Action Week.
- 08G5 · Evidence sealed and stand-down recordedGate · The Global Risks ForumThe evidence is sealed with its provenance and the stand-down is recorded.
04 Q4 · Reporting and renewal
- 02Competent authority decides and actsActor · The competent authorityThe competent authority decides and acts under its own rules. The programme informs it and never decides for it.
- 09Scientific and editorial reviewStep · Reviewers and the publisherQualified, conflict-managed reviewers and the publisher decide what is accepted. Institutions cannot decide a scientific conclusion.
- 10G6 · Publication authorisedGate · The Global Risks ForumGRF authorises publication of results that have passed scientific and editorial review. It cannot publish personal data.
- 11G7 · Renewal reviewedGate · The Global Risks ForumGRF reviews renewal and sets the next cycle's mandate.
The programme year · The Global Risks Forum · Decision rightsDesigned programme process, not a record of operation. No cycle has run and every programme is at service level R0. A gate is a programme decision, never a public-authority approval, certification or deployment authorisation.
Why a status register belongs in readiness.
Programmes that will reach financial institutions over several years must be read against the rules that will apply when the institution decides, not those in force today. A dated register prevents a file from presenting a proposal as law. Topic depth at prudential regulation; policy dialogue at GRF risk-informed policy.
Who sees a readiness file.
A file is released only at the programme owner's written direction, to a party the owner chooses, with no fee tied to any transaction.
Where this page's references lead.
The bodies and documents this page is read against. Status and editions change; each link goes to the issuing body.
- Basel Framework (consolidated standards)
- PRA PS1/26 Basel 3.1 final rules (effective 1 January 2027; FRTB internal models 1 January 2028)
- US agencies' Basel III re-proposal, March 2026 (comment period closed 18 June 2026; not final)
- IAIS Insurance Core Principles and ComFrame, including the Insurance Capital Standard (adopted December 2024)
- Solvency II Directive 2009/138/EC as amended by the 2025 review (apply from 30 January 2027)
- IFRS S1 and IFRS S2 (ISSB), with the December 2025 targeted amendments to IFRS S2 GHG requirements (effective 2027)
- ISSB decision on nature-related disclosures as a proposed IFRS Practice Statement (exposure draft targeted for October 2026)
- EU AI Act (Regulation 2024/1689) as amended by the AI Omnibus, Regulation 2026/1744 (credit-scoring high-risk duties from 2 December 2027)
- US interagency revised guidance on model risk management, SR 26-2 (April 2026), superseding SR 11-7
- FATF Recommendations, including revised Recommendation 16 on payment transparency (June 2025; implementation by end-2030)
Pages in Resilience and finance readiness.
Questions and answers.
Does a readiness file mean finance is available?
Bring an exposure or capital question to the Alliance.
Information and enquiries are open today. An enquiry receives a reference and names the next step; applications, payments, compute allocations and registrations open only when their team, terms and review capacity exist.
Legal documents.
Maps, data and figures on this site are shown for context and general information. They are not advice, forecasts or warnings; the limits of the information are set out in the Disclaimers and Data Notices.