Your access and use of SAMA Regulatory Rulebook and its content is considered as an acceptance and approval of commitment by you without any limitation or condition to the following:
SAMA Regulatory Rulebook is a platform that aims to assist the regulated entities to access SAMA regulatory content adeptly and efficiently.
SAMA Regulatory Rulebook is still on its development and soft launch stage. SAMA is not liable for its contents and does not warrant or represent that (the Services related to the platform, information or material presented in the platform) is displayed free of any inaccuracies, omissions, or errors (“Faults”). SAMA accepts no liability for any loss, claim or damage resulting from any use of the platform, and any decisions made, or actions taken based on the information contained in or generated by the platform.
SAMA Regulatory Rulebook has no legal effect and it does not aim to amend or revoke any legal provisions. The Rulebook still Contains some documents under review, including translated versions. Therefore, SAMA Regulatory content circulated through SAMA official channels remains in force.
Without prejudice to the terms of use of SAMA website Hereby, you acknowledge that any illegal, unauthorized use and/or any breach of any of these provisions may result in legal actions against you.
Effective from Feb 28 2017 - Feb 27 2017 To view other versions open the versions tab on the right
Principle
A business continuity policy should be defined, approved and communicated to relevant stakeholders.
Objective
To document the Member Organization’s commitment and objective of the business continuity program, and to communicate this to the relevant stakeholders.
Control considerations
1.
A business continuity policy should be defined, approved, implemented and communicated
2.
The business continuity policy should at the minimum identify:
a.
Objectives
b.
Scope
c.
Responsibilities
3.
The compliance with the business continuity policy should be monitored .
4.
The effectiveness of policy implementation should be measured and periodically evaluated.
5.
Scope exclusions for the BCM should be documented and periodically evaluated. The justifications for scope exclusions should be documented and approved by BCM committee and senior management.
