2.3.1
Rule 4.12.1 also requires a Member to review and test its business continuity plan regularly. Members should do so at least once a year to ensure that their business continuity plans remain relevant.
Added on 3 June 20193 June 2019.
2.3.2
Where there are material changes to a Member's business activities and operations, the Member should update its business continuity plan accordingly. Regular training should be conducted for staff to be updated and aware of any relevant changes to the Member's business continuity arrangements. As a principle, training should be conducted when:
(a) changes have been made to the Member firm's BCP; and
(b) new staff are recruited.
Member firms should also conduct refresher courses for existing staff where appropriate.
Added on 3 June 20193 June 2019.