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29 August 2006

IOSCO: Joint Forum issues paper on Business Continuity

The Joint Forum released a paper entitled High-Level Principles for Business Continuity. The paper is a revised version of the draft issued for consultation in December 2005 and promotes a common base level internationally for the resilience of financial systems to major operational disruptions. It provides authorities with a broad framework for developing business continuity arrangements that are more closely tailored to their unique sectoral and local circumstances. The principles outlined in the paper apply to both financial industry participants and financial authorities and are applicable across the banking, securities and insurance sectors.

Press release
High-level Principles for Business Continuity
Overview of Comments Received


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