Business continuity not seen as priority by smaller UK firms

LONDON -- Business continuity planning is still not a priority for many smaller UK financial firms, despite the lessons of the September 11 attacks on New York’s financial district last year, a senior UK regulator said in October.

Paul Wright, a head of department in the major financial groups area of the UK Financial Services Authority (FSA), says the downturn in financial markets and activities means that smaller firms have less time and money to spend on continuity planning.


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