Security & Risk Management Seminar

Business Continuity Regulations & Examiner Expectations

Presentation Abstract

A Business Continuity (Disaster Recovery) Plan isn't just a component of the institution's strategic plan -- having one is also a regulatory requirement for every form of financial institution. The requirement for developing and maintaining the required, institution-wide Business Continuity Plan presents special concerns for the Security Officer -- who often also serves as the institution's Business Continuity Plan Coordinator. The tools for complying with the Federal Financial Institutions Examination Council's Interagency Policy On Contingency Planning -- and most state's requirements -- are documented in the FFIEC's Information Systems Examination Handbook.

What institutions often overlook is establishing a sound foundation to build its Business Continuity Plan upon. Building this foundation requires more than just reading the regulations -- it involves understanding what the regulations and examiners require. This presentation provides a logical and strategic model that's designed to help the institution's Board of Directors, senior managers and security personnel understand the true scope of the disaster management and business recovery planning process within your institution. By understanding the cause and effect relationships involving the creation of an effective resource allocation process and its likelihood of survival after a disaster, you can develop and implement a comprehensive institution-wide Business Continuity Plan that will significantly reduce your institution's operating risks.

Presentation Topics

l        What Is A Disaster?

l        What Should A Business Continuity Plan Do?

l        What Are The Best-Recognized Types Of Disasters?

l        What Are The Most Commonly Reported Disasters?

l        What Will Likely Happen During A Disaster?

l        What Should Be The Goals Of The Business Continuity Plan?

l        How Should The Business Continuity Team Be Created?

l        Summary

Presentation Objectives

This presentation is designed to help you:

l        Identify and describe the major provisions of current Business Continuity Planning guidelines; the responsibilities of the Federal and state agencies responsible for monitoring compliance; and the responsibilities of the institution's Board of Directors and other employees required by the regulations

l        Assess the impact of these requirements upon the institution and its Business Continuity Plan

l        Design or recommend appropriate changes to the institution's policies and procedures to address the requirements

l        Prepare the annual report for the Board of Directors required by the regulation

l        Train or recommend training for the Board of Directors and senior management personnel about their responsibilities and the projected impact of business continuity requirements

Presentation Audience

l        Security Officers

l        Business Continuity Team members

l        Board of Directors

l        Auditors

l        Human Resources Managers

l        Facility Managers

l        Training Managers

l        Compliance Officers

Presentation Tools

l        Workbook text

Last updated on January 8, 2008