UK regulators plan second BCP test

Business Continuity

The market-wide test is only the latest of several initiatives by a re-invigorated BCP alliance between the FSA, the UK Treasury and the Bank of England, called the Tripartite Committee. The market-wide test will make use of the new teleconference facility the regulators have put in place to communicate with market participants in the event of a wide-scale disruption. The triumvirate has conducted several test runs with the new teleconferencing system – one teleconference included more than 76

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