Scope and Key Elements of a Business Continuity Management (BCM)
OM-4.1.3
The requirements of this Chapter apply to all licensees.
Added: January 2020OM-4.1.4
Branches of foreign banks may apply alternative arrangements to those specified in this module, where they are subject to comprehensive BCM arrangements implemented by their head office or other member of their group, provided that:
(a) They have notified the CBB in writing what alternative arrangements will apply;(b) They have satisfied the CBB that these alternative arrangements are equivalent to the measures contained in this chapter, or are otherwise suitable; and(c) The CBB has agreed in writing to these alternative arrangements being used.Added: January 2020