The ISO 22301:2019 enables a company to reduce the likelihood of disruptions to its operations, whilst preparing for, responding to and recovering swiftly from such an unexpected event in a timely and effective manner through Business Continuity Management.
Our experts at Vassallo Associates will assist in prioritising different threats to a business by understanding the needs of the organisation and providing support in establishing the necessary policies and objectives that are essential in managing disruptive incidents.
Continuously monitoring and reviewing the system is paramount. We will ensure that you remain at the forefront of your business in the event of a disruptive incident.
These recent times have shown all of us the unpredictability of the modern world. Many businesses are now looking for a way to protect themselves against any future unforeseen situations that may arise. Implementing a robust Business Continuity Management System is a very effective way of doing this.
Organisations without an effective Business Continuity Management System in place risk significant vulnerability and the resulting impact on their employees, customers and suppliers. BS ISO 22301 gives your organisation access to the requirements of a BCMS that will enable your organisation to prepare for disruptive incidents that might otherwise prevent you from achieving your objectives.
The recent COVID-19 situation is just one example of an unforeseen event that had a huge impact on businesses all over the World.
Benefits of achieving ISO 22301 certification:
Makes your business more resilient to risk
Instils confidence in partners entering into relations with you
Maximises your potential to continue your business activity
Contribution to the development of a more robust society
Important update for UK financial services companies
The Financial Conduct Authority (FCA), in conjunction with the Bank of England and the Prudential Regulation Authority (PRA) have developed new rules and guidance to improve the operational resilience of the UK financial sector.
The FCA has stated that by 31 March 2022, firms must have:
√ identified their important business services √ set impact tolerances for the maximum tolerable disruption and √ carried out mapping and testing to a level of sophistication necessary to do so √ firms must also have identified any vulnerabilities in their operational resilience
Subsequently, as soon afterwards as practicable but no later than 31 March 2025, firms must have “performed mapping and testing so that they are able to remain within impact tolerances for each important business service”.
This is underpinned by a requirement to make appropriate and necessary investments to enable firms to consistently operate within their impact tolerances.
As you consider your strategy for ensuring you meet your obligations towards Operational Resilience, consider the value in investing in an internationally recognised Operational Resilience standard such as ISO 22301 Business Continuity Management. Four reasons why this might be a business enabler and game-changer for your organisation are highlighted below:
Utilising our team of specialist Security & Resilience and ISO Lead Auditors, we can help you to implement the ISO 22301 Business Continuity Management Standard; and meet the FCA requirements.
Contact us today to arrange a time that suits you for a no-obligation consultation to discuss the implementation of such a system into your organisation.
Ensure Your Business Continuity Today
We operate out of offices based in London and Malta, however, we can travel nationally and internationally to provide client support. We also offer remote audits and training for organisations if required. Do not hesitate to contact us today for a no-obligation assessment of how we can help you.
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit "Cookie Settings" to provide a controlled consent.
This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
Cookie
Duration
Description
cookielawinfo-checkbox-analytics
11 months
This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-analytics
11 months
This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional
11 months
The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary
11 months
This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others
11 months
This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance
11 months
This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy
11 months
The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.