How to Conduct Testing of a Business Continuity Plan. It is important for your firm to have a business continuity plan because in the event of a disaster that causes a business shutdown--a fire or ...

Explain clearly and succinctly that the aim of your business continuity plan is to protect your business in the event of a disruption to business-critical processes. 2. Business-critical processes ...

For example, the term disaster recovery may be used to describe business continuity, but its typically reserved to reference strategic plans for recovery and resumption of only critical ...

A business continuity plan outlines the steps necessary for a company to operate in the wake of a sudden and severe change to market conditions. Continuity plans can address basic concerns, such ...

From a safe social distance, I’ve been fielding frantic calls from organizations that don’t have a business continuity plan to help them respond to the spread of the COVID-19 global pandemic.

Regulators will conduct surveys and sweep exams to assess how your firm’s BCP handled — or didn’t — the COVID-19 pandemic ...

It provides detail on how to continue or resume the business’ operations. While not exhaustive, a sound business continuity plan should address: GOVERNANCE: whom to contact when crisis hits.

While there are no specific federal requirements concerning business continuity plans, Rule 206 (4)-7 of the Investment Advisers Act of 1940 (the “Act”) has long been interpreted to implicitly ...