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IIROC schedules next industry-wide business continuity test

Following successful industry-wide tests in September 2007 and 2011, the Investment Industry Regulatory Organization of Canada’s (IIROC) Dealer Members have agreed to conduct similar business continuity tests on a bi-annual basis in the future.

IIROC has scheduled the next industry-wide test for October 5, 2013 and the scenario will consider the inaccessibility of Members’ data centers where business transactions are processed.

IIROC will share the results of the test with all participating Dealer Members and service providers.

While the business continuity test will be conducted on a voluntary basis, IIROC strongly urges all Dealer Members to participate.

A Working Group is being formed to oversee the preparation for the test.


•Date: 10th Oct 2012 • Canada •Type: Article • Topic: Financial sector BC

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