HKMA SPM
Operational, technology, climate, reputation, strategic and recovery (OR, TM, GS, RR, SR, RE) – HKMA SPM

HKMA SPM OR-2: OR-2 Operational Resilience

Sets the supervisory approach to operational resilience and the principles for an operational resilience framework: the definition; the framework and the role of the board and senior management; determining the parameters (identifying critical operations, setting tolerance for disruption, identifying severe but plausible scenarios); mapping the interconnections and interdependencies underlying critical operations; preparing for and managing risks to their delivery; testing the ability to deliver critical operations under severe but plausible scenarios; responding to and recovering from incidents; and the implementation timeline and supervisory approach (the framework to be developed by 31 May 2023 and operational resilience achieved by 31 May 2026). Classification: a non-statutory guideline issued as a guidance note; version V.1, 31.05.2022; applies to all AIs.

Maintained by Gerard BlokdykControl text last updated

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