UK FSA presses ahead with BCP programme
LONDON -- The UK’s Financial Services Authority is planning to conduct its second business continuity planning (BCP) benchmarking exercise very quickly, with plans to produce a ‘Dear CEO’ letter on the subject in June.
The FSA conducted the original survey in 2002 on just a dozen or so firms. The results of that survey formed a ‘Dear CEO’ letter that was released, and the FSA asked other firms to benchmark themselves against the best-practice concepts contained in the document.
John Milne, head of business-continuity planning at major financial institutions at the FSA, said at an April British Bankers
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