BCP News for Multinational Companies

The Word The Monetary Authority of Singapore (MAS) released final Business Continuity Management guidelines for financial institutions. The big question: does an MAS guideline mean you “should”, or you “must” do certain things? A prime example of “constructive ambiguity”.

The Goal Singapore‘s standards board released a draft standard to assess a company’s business continuity capabilities. SPRING Singapore hopes its standard will eventually give multinationals even more confidence to locate operations on the well-run island.  The standard will surely boost for the BCP training and seminar business.

EDS Expands IT outsource giant EDS took possession of leased recovery space at SingTel Expan last month. EDS’ four (4) rooms will accommodate over 100 members of the recovery teams for a global client bank. An issue: can a customer run another telco’s circuit into a SingTel recovery facility?

Did you learn valuable lessons during your SARS planning? Continuity Central invites you to share your thoughts and experiences and comment on suggestions by others. Results will be published for public use.