OM-4.1.2
The purpose of a Business Continuity Plan ('BCP') is to minimize the operational, financial, legal, reputational, and other material consequences arising from a disruption. The objectives of a good BCP are:
(a) To minimise financial loss to the licensee;
(b) To continue to serve customers and counterparties in the financial markets; and
(c) To mitigate the negative effects that disruptions can have on a licensee's reputation, operations, liquidity, credit quality, its market position, and its ability to remain in compliance with applicable laws and regulations.
Added: January 2020