+226. Competent authorities should assess whether the institution’s business continuity, response …

226. Competent authorities should assess whether the institution’s business continuity, response …

Competent authorities should assess whether the institution’s business continuity, response and recovery plans:

  • a. establish roles and responsibilities, including clear guidance on potential succession, and set out the internal decision-making process along with definition of activation triggers;
  • b. are reviewed to ensure contingency strategies remain consistent with current operations, risks and threats, resilience levels, and recovery objectives and priorities;
  • c. prioritise business continuity actions using risk-based approach;
  • d. are tested regularly to ensure that recovery objectives and timeframes can be met; and
  • e. are inclusive of the testing of services provided by third-party service providers, where applicable;

1. Vue d’ensemble

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Intitulé Réglementation

1.1 Références

1.2 Exigences identifiées

1.3 Normes associées

2. Exigences identifiées

Exigences
Source Exigence

3. Normes associées

Normes
Source Exigence
  • EBA - Published by the European Banking Authority at https://www.eba.europa.eu/