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Volume 31, Issue 1

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Tuesday, 20 February 2018 15:44

Legal Requirements for Business Continuity

Business continuity is good for your business, but is it also a legal requirement? Laws and regulations differ from one country or one industry to another, although there is a basic expectation that organisations will act responsibly.

Data integrity, security and availability are part of those expectations, implicitly or explicitly.

Due diligence is now a concept that extends beyond mergers and acquisitions. It also covers compliance with various standards of IT and data management. So, how might this affect your enterprise?

In Australia, regulations to be observed concerning business continuity and disaster recovery exist for specific sectors such as finance.

Austraclear, the organisation providing settlement services for the Australian Stock Exchange, specifies obligations for “participants” to put BCP in place.