Business Continuity Management Guidelines
Guidelines on risk management practices june 2003 business continuity management monetary authority of singapore 1 1 0 introduction 1 1 readiness is your only protection1 1 1 1 the global financial system is a set of interlinked networks of markets systems and participants.
Business continuity management guidelines. The good practice guidelines gpg 2018 edition is the definitive guide for business continuity and resilience professionals. The material contained in the management accounting guideline business continuity management is designed to provide illustrative information with respect to the subject matter covered it does not establish standards or preferred practices. Business continuity standards ensure consistency while adopting a specific business continuity methodology.
Following guidelines and prescribed procedures also give organizations the luxury of quick turnaround times. This guideline covers a series of interrelated processes and activities that will assist in creating testing and maintaining a comprehensive plan for use in the event of an emergency or crisis that threatens the viability and business continuity bc of an organization. The gpg is used as an information source for individuals and organizations seeking an understanding of business continuity as part of their awareness raising campaigns and training schedules.
The primary objective of business continuity management is to allow the executive of the mno to continue to manage business operations under adverse conditions by the 1 iso 22301 is a management systems standard for bcm which can be used by organisations of all sizes and types. R vaidhyanathan is vice president and head of bcm practice at the business continuity management institute. Guidelines on business continuity management sets out sound business continuity management bcm principles that financial institutions are encouraged to adopt so as to strengthen their ability to recover critical business functions in the event of disruptions.
Iso ts 22317 2015 societal security business continuity management systems guidelines for business impact analysis bia. Part one of the practice advisory guideline section provides step by step bc plan preparation and activation guidance. He is a business continuity certified expert bs25999 technical expert.