Organisational Initiatives

SPECIALIST RISK SUPERVISION DEPARTMENT

Business Continuity Management: Enhancing MAS’ Resilience
Business Continuity Management (BCM) is an over-arching framework that includes policies, standards, and procedures. It not only addresses the restoration of information technology infrastructure but also focuses on the rapid recovery and resumption of MAS' critical functions during disruptions. One important aspect of the framework is the formulation of BCM policies and exercise strategies. During Financial Year 2004/05, MAS developed our Business Continuity and Crisis Management policies as well as an exercise strategy to help guide MAS' BCM programme.

The main objective of the policies and exercise strategy is to set out the business continuity requirements and resilience expected of departments against widespread disruptions. It details the roadmap, governance and structure for the planning and exercising of business continuity and MAS’ response to operational crises.