In This Issue
                           Singapore financial sector influenza exercise
                           Singapore Exchange proposes BCM rules for member firms
                           Help in the Himalayas
                           U.S. Banking BCM Guidelines 2008
                           Outsource your BCP Work in Asia

                 
  

Singapore financial sector influenza exercise
Singapore's financial sector industry-wide exercise (IWE) using a highly-pathogenic influenza (HPI) scenario will run from Thursday, Aug 28 to Friday, Sep 11, 2008.

These are the briefing slides used at ABS' Apr. 3 announcement in Singapore, and this is the first "communique" (update) issued on May 5. The ABS has opened an IWE portal (exercise web site) specifically for the exercise.

The IWE is sponsored by the Association of Banks in Singapore (ABS) with support from the Monetary Authority of Singapore (MAS) and Singapore's Ministry of Home Affairs (MHA), which includes the Singapore Police and Civil Defence Force (the country's fire department).

Read the rest of the story on the Forbes Calamity Prevention blog and on ZDNet's BCP Confidential blog.



Singapore Exchange proposes BCM rules for member firms
Singapore Exchange Ltd (SGX) has issued proposed business rules on business continuity for public comment. The rules are likely to take effect for member firms in 3Q 2008, and firms would have twelve (12) months to comply.  Member firms were briefed on the new rules in April. These are SGX' derivatives market members (32 trading or clearing firms) and these are the securities market members (27 firms).

If the guidelines are adopted, member firms would be required to:

  1. assess their risks, complete business impact analyses (BIA's), and have "appropriate BCM measures to mitigate the risks"
  2. make a senior officer responsible for BCM
  3. review and test their plans regularly, and participate in financial sector exercises
  4. designate and submit emergency contacts

Read the rest of the story on the Forbes Calamity Prevention blog and on ZDNet's BCP Confidential blog.


 
Help in the Himalayas
The Disaster Preparedness web site collects and shares knowledge in disaster preparedness for the Himalayan countries of Bangladesh, India, Nepal and Pakistan, all places with histories of catastrophic natural disasters. 

The site is operated by the International Centre for Integrated Mountain Development (ICIMOD) in Nepal, and Disaster Preparedness ECHO (DIPECHO), a programme of the European Commission’s humanitarian aid department, DG ECHO.

ICIMOD serves the eight regional member countries of the Hindu Kush-Himalayas (HKH) – Afghanistan, Bangladesh, Bhutan, China, India, Myanmar, Nepal, and Pakistan – and the global mountain community.  It is supported by core donors Austria, Denmark, Germany, Netherlands, Norway, Switzerland, its regional member countries and other donors.


 
U.S. Banking BCM Guidelines 2008
The U.S. Federal Financial Institutions Examinations Council (FFIEC) has released an updated business continuity planning booklet for 2008.  "Booklet" is a bit of an understatement: it's 132 pages. These are the highlights. The last version was published in 2003.



Outsource Your BCP Work in Asia
Need help but can't afford a full-time BCP professional? We outsource qualified BCP professionals for as little as one (1) day or two (2) days per week on contract. Read our Capabilty Statement with case studies of our satisfied clients over 12 years. Nathaniel Forbes at nforbes@calamity.com.sg, or call +65 6324-3091 in Singapore (12 hours ahead of U.S. Eastern Time, 8 hours ahead of London).

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