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Include the annual statement based on the continuity plan review in the continuity plan.


CONTROL ID
12775
CONTROL TYPE
Establish/Maintain Documentation
CLASSIFICATION
Preventive

SUPPORTING AND SUPPORTED CONTROLS



This Control directly supports the implied Control(s):
  • Establish, implement, and maintain a continuity plan., CC ID: 00752

There are no implementation support Controls.


SELECTED AUTHORITY DOCUMENTS COMPLIED WITH



  • Given the importance of business continuity planning, the Chief Executive of AIs should prepare and sign-off a formal annual statement submitted to the Board on whether the recovery strategies adopted are still valid and whether the documented BCPs are properly tested and maintained. The annual stat… (2.2.3, Hong Kong Monetary Authority Supervisory Policy Manual TM-G-2 Business Continuity Planning, V.1 - 02.12.02)