Licensed entities and recognised market operators are required to have in place business continuity management as part of their risk management framework pursuant to the
Licensing Handbook and
Guidelines on Recognized Markets. In this regard, obligations of such entities shall include the following:
- having in place a business continuity plan and processes; and
- notifying the SC where there is an occurrence of any event which would trigger the activation or execution of the business continuity plan, in such form and manner as may be specified by the SC.
