Business continuity planning booklet released by FFIEC

Daily news headlines

WASHINGTON, DC – Business continuity planning (BCP) is the subject of a new booklet released by the Federal Financial Institutions Examination Council (FFIEC) as part of the US supervisor’s IT handbook. The publication replaces the previous booklet and represents a shift towards enterprise-wide business continuity strategy – focusing on interconnectivity of processes outside of IT departments.

The first part describes the planning process and addresses senior management responsibilities. The second part focuses on examination procedures, followed by a glossary, appendices, and a reference list of relevant supervisory laws, regulations, and guidance.

The paper highlights the increasing need for BCP in recent years – in the wake of disasters such as 9/11 and Hurricane Katrina – and the importance of addressing these area-wide disaster scenarios. It also underlines increasingly demanding recovery time objectives (RTOs), saying these are now much shorter than a few years ago, with some RTOs based on hours or minutes.

  • LinkedIn  
  • Save this article
  • Print this page  

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 [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

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: