To ensure an ability to operate on an ongoing basis and limit losses in the event of severe business disruption, all licensees must maintain contingency and business continuity plan (BCP) to ensure their ability to operate on an ongoing basis and limit losses in the event of severe business disruption. A BCP must address the following key areas:
(a) Data back up and recovery (hard copy and electronic);
(b) Continuation of all critical systems, activities, and counterparty impact;
(c) Financial and operational assessments;
(d) Alternate communication arrangements between the licensee and its customers and its employees;
(e) Alternate physical location of employees; and
(f) Communications with and reporting to the CBB and any other relevant regulators.