+5.9 Business contingency and continuity planning
---+140. Competent authorities should assess whether the investment firm has established an effective …
---+141. Competent authorities should assess whether an investment firm: a. has put in place and tested …

5.9 Business contingency and continuity planning

5.9 Business contingency and continuity planning

1. Overview

,
140. Competent authorities should assess whether the investment firm has established an effective …

Competent authorities should assess whether the investment firm has established an effective business continuity management to ensure its ability to operate on an ongoing basis and to limit losses in the event of severe business disruption.
141. Competent authorities should assess whether an investment firm: a. has put in place and tested …

Competent authorities should assess whether an investment firm:

  • a. has put in place and tested contingency and business continuity plans to ensure that the investment firm reacts appropriately to emergencies and is able to maintain its critical business activities and functions if there is disruption to its ordinary business procedures;
  • b. has adequately documented and implemented its contingency and business continuity plans.

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

Requirements

3. Related Standards

Standards
  • EBA -

    EN: Guidelines and other publications of the European Banking Authority (EBA), https://www.eba.europa.eu/. © European Banking Authority. Reproduction is authorised provided the source is acknowledged (EBA legal notice). Divided into sections and converted into the GRCA format, the wording unchanged. Only the versions published by the EBA are authoritative.

    DE: Leitlinien und weitere Veröffentlichungen der Europäischen Bankenaufsichtsbehörde (EBA), https://www.eba.europa.eu/. © European Banking Authority. Wiedergabe mit Quellenangabe gestattet (Rechtlicher Hinweis der EBA). In Abschnitte aufgeteilt und in das GRCA-Format umgewandelt, der Wortlaut unverändert. Maßgeblich sind allein die von der EBA veröffentlichten Fassungen.