• CSD-3.3 CSD-3.3 Business Continuity Plan

    • CSD-3.3.1

      A licensed clearing house or licensed central depository shall maintain at all times a plan of action (referred to in this Module as a business continuity plan), setting out the procedures and establishing the systems necessary to restore safe and efficient operations of any clearing facility or depository it operates, in the event of any disruption to the processes of its clearing facility or depository.

      Amended: April 2016

    • CSD-3.3.2

      As part of a business continuity plan the licensed clearing house or licensed central depository should provide for:

      (a) Recovery situations;
      (b) Recovery situations affecting the clients, members and depository participants;
      (c) The evacuation of the office premises; and
      (d) Back-up licensed clearing house data centre.
      Amended: April 2016

    • CSD-3.3.3

      A licensed clearing house or licensed central depository shall review the procedures and systems referred to in rule CSD-3.3.1 on such regular basis as may be specified in the business continuity plan.

      Amended: April 2016

    • CSD-3.3.4

      A licensed clearing house or licensed central depository shall immediately notify the CBB of any activation of its business continuity plan and of any action taken, or intended to be taken, to restore safe and efficient operations of its clearing facility.

      Amended: April 2016

    • CSD-3.3.5

      A licensed clearing house or licensed central depository shall, within 7 days, inform the CBB of any material change to the business continuity plan and shall submit, at the request of the CBB, a copy of the new plan to the CBB.

      Amended: April 2016