+226. Competent authorities should assess whether the institution’s business continuity, response …
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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. Ħarsa ġenerali
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Regolamentazzjoni |
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1.1 Referenzi
1.2 Rekwiżiti identifikati
1.3 Standards relatati
2. Rekwiżiti identifikati
3. Standards relatati
- EBA - Published by the European Banking Authority at https://www.eba.europa.eu/
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