RegAlert2013-08-28
Added · Updated
Circular Regarding the Audit of the Reliability of Business Continuity Plan No. 10740/1/10 dated 2013/8/28
Licensed banks are required to appoint an external auditor to examine the reliability of their Business Continuity Plans, specifically covering IT and telecommunications infrastructure, organizational structure, decision-making mechanisms, human resources, and logistics throughout the plan's lifecycle. The banks must submit reports detailing the audit results, recommendations, and compliance plans for clearing operations to the Central Bank of Jordan within 60 days of the circular's date.
Get CBJ alerts — same-day email on every new publication.
In the Name of Allah, the Most Gracious, the Most Merciful
[Logo of the Central Bank of Jordan]
Number: 10/1/10740
Date: 21 / 10 / 1434 AH
Corresponding to: 28 / 8 / 2013 AD
Circular to Licensed Banks
Greetings,
With reference to your business continuity plans and given the importance of those plans in achieving the continuity of your critical operations, including electronic clearing activities, you are requested to appoint your external auditor to examine the reliability of the business continuity plan and provide us with reports clarifying the results of the examination, recommendations, and plans for compliance with the agreed recommendations regarding your clearing activities. The scope of the examination shall include the information and communications technology plan, including communication networks, host computers, databases, backup and recovery operations, application software, operating systems, and alternative operating sites. Additionally, the examination shall assess the suitability of the plan in terms of organization, decision-making mechanisms, gathering points, human elements, logistical resources, and service providers, throughout the plan's lifecycle (Planning - Implementation - Training - Examination - Continuous Update). You are required to provide the aforementioned within (60) days from the date of the above circular.
Please accept our highest regards,
Governor
Dr. Ziad Farez
P.O. Box 27 Amman 11118 Jordan • Tel: 4630301 • Fax: 4639730, 4639731 • E-mail: info@cbj.gov.jo • Website: www.cbj.gov.jo Form (1/1/110) ---
Read the rest free
Source: Central Bank of Jordan — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works
More like this from CBJ
We email you every new CBJ publication the day it's published.