IIROC schedules industry business continuity planning test Published: Friday, 18 December 2020 09:34
The Investment Industry Regulatory Organization of Canada (IIROC) has scheduled its next biennial industry business continuity planning test for Saturday October 23, 2021. As with the previous IIROC-sponsored industry BCP test in 2019, the test date coincides with industry test dates in the United States to facilitate participation by market participants who have operations in both the Canadian and American markets.
According to the IIROC notice:
The 2021 industry BCP test is comprised of three elements:
Incident Response Plan (IRP) exercise mandatory for all test participants
Crises Communication Centre exercise mandatory for all test participants