Description:

Business continuity planning is much more than data storage and recovery. Disasters across the country in recent years have highlighted the importance of an effective Business Continuity Planning process to ensure that firms survive these and similar events, fulfill their fiduciary obligations to clients, adhere to regulations and maintain the safety of their employees.

Best practices dictate that firms develop, test and maintain a scenario-based plan that considers not only data integrity, but all mission-critical aspects of the business, including human assets. In the adopting release to the Compliance Programs Rules, the SEC referred to business continuity planning as one of several areas that firms, “at a minimum,” are expected to address. The SEC routinely requests these plans during examinations and appears to be issuing deficiencies in this area with increased frequency.

This seminar will provide the framework for developing a sound business continuity process with a special emphasis on some of the lessons that can be learned from recent disasters as well as examiner expectations.
 

For whom:

Chief Compliance Officers and others working in the compliance area, legal counsel, managers

Learning Objectives:

1. Disaster Recovery/Business Continuity Planning concepts

2. Business Continuity Planning as a necessity

3. Regulatory and Compliance Background to Business Continuity Planning

4. Practical approaches to Business Continuity Planning

5. Real world DR/BC scenarios
    

Pre-requisites for participation:

No prerequisites are required. However, attendees can benefit by reviewing the Advisers Act of 1940, the Investment Company Act of 1940 and the Securities Exchange Act of 1934 to become familiar with the structure and terms.