World Of Taxonomy
bcp_testingLeafLevel 2

Testing and Exercises

The "bcp_testing" entry outlines requirements for banks to conduct regular testing and exercise of their business continuity plans, specifying the types of tests, frequency, scope, documentation, and evaluation criteria to ensure that critical systems can be restored promptly after a disruption. It guides examiners on assessing the adequacy of these exercises and the institution's ability to respond effectively to emergencies.

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