1.1 Introduction to the BCM Framework
| No: 381000058504 | Date(g): 27/2/2017 | Date(h): 1/6/1438 | Status: In-Force |
Considering the need of 24 x 7 availability of the business operations by financial institutions in the Kingdom of Saudi Arabia, SAMA has developed a Business Continuity Management (BCM) framework for member organizations that would enhance the organizational resilience capability to ensure continuity and availability of their operations and services. The requirements are based on SAMA requirements, industry practices and international standards, such as ISO 22301, ISO 27001, Good practice guidelines from BCI, and Professional practice guidelines from DRII. All Member Organizations are required to comply with these requirements and integrate it formally in their BCM program.