Joint Forum BCP principles published

COVER STORY: BUSINESS CONTINUITY ESTABLISHED AS A RISK MANAGEMENT ISSUE – COMMUNICATION ESSENTIAL

The paper, High level principles for business continuity, firmly establishes business continuity as a risk management issue, and also stresses the fundamental importance of ensuring lines of communication remain open during a crisis.

More specifically, it includes seven principles that focus on board and senior management responsibilities, major operational disruptions, recovery objectives, communications, cross-border communications, testing and business continuity management reviews by fin