Business continuity is a senior management responsibility says FSA


LONDON -- Senior staff should be responsible for business continuity management, the Financial Services Authority (FSA), the UK's chief financial market watchdog, said in a report in September. The FSA's review of business continuity at 12 major financial groups found that approximately half the firms visited did not have clear executive level accountability for business continuity management.

Commenting on the report at a meeting of financial experts in business continuity, Paul Wright, FSA head

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