Business Continuity Legislation Uk
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Business continuity legislation uk. A business continuity plan is an initiative to make a system of preventing and recovering from threats to the company it involves procedures that ensure employees security and allow them to continue doing their work despite disastrous events and other unfavorable circumstances. This word template will help you create or refresh your business continuity plan to prepare for situations that should they arise could have a major impact on your business and the people who use your services. The business continuity institute s bcm legislation regulations standards and good practice publication would be a great place to start.
For the national health service nhs in the uk the civil contingencies act 2004 mandates all nhs and those supplying nhs funded care to have business continuity. Implementing business continuity measures is a good place to start. A growing body of legislation requires organisations to demonstrate a degree of organisational resilience.
The goal of these plans is to prevent business operations from stopping. Companies that provide essential services to government require business continuity plans. Business continuity plan template 20 may 2020 cpa.
To be included in this category they must be legally enforceable legislation passed by a national federal state or. Business continuity management bcm is about identifying those parts of your organisation that you can t afford to lose such as information stock premises staff and planning how to maintain these if an incident occurs. Ida by law 17 19 business continuity plan requirement osc ontario securities commission letter to federally regulated financial institutions insurance companies cba etc march 2006.
2006 uk tripartite authorities. What is a business continuity plan. Section 174 of the uk companies act 2006 requires directors to exercise reasonable care skill and diligence when performing their duties which includes mitigating.
Government laws which include aspects of business continuity management by name or are sufficiently similar in nature disaster recovery emergency response crisis management to be treated as bcm legislation. Business continuity practice guide. Financial services authority fsa hm treasury bank of england.