CHAPTER 13: STANDARDS AND CODES OF PRACTICE

In the business continuity world, there are all sorts of references made to various standards, primarily by way of reasons to ‘do’ BCM.

This short chapter aims to set some of these standards in context, and to explain what the true relevance of each is.

The Combined Code on Corporate Governance (UK)

The Financial Services Authority’s (FSA) listing rules,1 which govern how listed companies should conduct various aspects of their affairs, refers to the Combined Code on Corporate Governance2 (the Combined Code), which was updated in 2006 and is issued by the Financial Reporting Council.

LR (listing rule)9.8.6(5) requires listed companies to include, in their annual report, a statement of how they have ...

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