17
Business Continuity
17.1
A credit union must put in place contingency arrangements to ensure it could continue to operate and comply with its regulatory obligations in the event of an unforeseen interruption, such as a complete failure of information technology systems or a destruction of premises by fire, which would otherwise prevent the normal operation of the credit union.
- 03/02/2016
17.2
A credit union must regularly review and test business continuity arrangements in order to ensure their effectiveness.
- 03/02/2016