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- U. S. Bancorp Enterprise Resiliency Program General Release Statement
Company Business Continuity Plans are developed and maintained to address operational resilience and recovery strategies for events such as: pandemic high employee absenteeism, natural and man-made hazard events, technology outages, cyber events, and other business disruptions
- Principles for operational resilience
The approach builds on updates to the Committee’s Principles for the Sound Management of Operational Risk (PSMOR),1 and draws from previously issued principles on corporate governance for banks, as well as outsourcing-, business continuity- and relevant risk management-related guidance
- The Fed - Supervisory Policy and Guidance Topics - Operational Resilience
The Federal Reserve recognizes the global and interconnected nature of banks and the importance of supervisory coordination and is committed to working closely with international authorities to ensure that supervisory approaches on operational resilience are well coordinated
- Operational Risk and Business Continuity Management
Ensure key critical staffs are aware of their specific roles and responsibilities in the event of a contingency Establish policies and guidelines regarding leave compensation and other personnel related issues that may arise during a contingency situation
- Financial Regulators Revise Business Continuity Management Booklet to . . .
The updated Business Continuity Management booklet focuses on enterprise-wide approaches that address technology, business operations, testing, and communication strategies critical to the continuity of the business
- Operational Risk: Sound Practices to Strengthen Operational Resilience . . .
Robust operational risk and business continuity management anchor the sound practices, which are informed by rigorous scenario analyses and consider third-party risks
- Principles for operational resilience
Banks should coordinate their business continuity planning, third-party dependency management, recovery and resolution planning and other relevant risk management frameworks to strengthen operational resilience across the bank
- Business Continuity Management Policy and Framework
This BCM Policy and Framework documents the University’s approach to Business Continuity Management (BCM) and provides a consistent, overarching structure to support Schools and Departments in the development and implementation of their own BCM arrangements
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