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Nearly one in five businesses suffer a major disruption
every year. Damage from fire, flooding following a ruptured
water main, power disruption from a workman cutting
through a cable or an IT breakdown, to name just a few.
How quickly you get back to "business as usual"
depends on how effectively you create and put into action
a business continuity management (BCM) plan.
As part of its work to promote financial continuity,
the FSA says it is likely to concentrate on three aspects
in the member firms it regulates:
a) back-up facilities
b) greater transparency about the facilities offered
by external BCM providers
c) the adequacy of BCM arrangements in the event of
serious firm disruption
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