When it comes to business continuity management, the bellwether for many industries and businesses is often the financial sector – specifically banking regulators – and a recent discussion paper issued jointly from the Bank of England (BOE) and the U.K.’s Financial Conduct Authority has sounded the call: build operational resilience, or risk failure.

The banking regulators in the United Kingdom and United States continue to provide regulatory leadership that is often followed by other industries, which means organizations should pay close attention to the stringent recommendations of the banking regulators, as laid out in the recent U.K. paper. In other words, if the bankers care about operational resilience, you should, too.