Link BCM to economic capital, says KPMG
LONDON -- Consulting firm KPMG published a report in January that outlined ways in which firms can link business continuity investment into a risk management framework to reduce the economic capital a firm needs to hold.
Economic capital is defined as the amount of capital a business line or transaction requires to cover eventual, unexpected losses and still remain solvent over a fixed time horizon, and within a level of certainty. While it is not, strictly speaking, linked to regulatory capital
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