UK financial regulator will not give detailed rules on disaster recovery

NEWS

LONDON -- UK financial regulators want market solutions to the problems of business continuity planning in London and don’t want to lay down prescriptive rules in the wake of the September 11 attacks on New York’s financial district, a senior regulator said in March.

The responsibility for ensuring good business continuity planning rests in the first instance with the senior management of financial firms and not with regulators, said Paul Wright of the major financial groups division of the

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here