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News and Articles - Business Continuity an Accident Waiting to Happen

Date: March 2008

The FSA like to talk about Business Continuity but so far they have not been so keen to get too detailed. In our view their stance may need to change in the not too distant future. This is at odds with the Principles based regulation that was the buzz word in early 2007 before Northern Rock demonstrated that the Market doesn’t always know best. We foresee that Business Continuity will be a key area where the Regulators have to change tack and become more prescriptive.

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