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Basel Committee on Banking Supervision

Basel Committee on Banking Supervision principles for operational resilience March 2021 This publication is available on the BIS website ( ). Bank for International Settlements 2021. All rights reserved. Brief excerpts may be reproduced or translated provided the source is stated. ISBN 978-92-9259-467-1 (online) principles for operational resilience iii Contents principles for operational resilience .. 1 I. Introduction .. 1 II. An evolving operational risk landscape .. 1 III. Essential elements of operational resilience .. 2 IV. Definition of operational resilience .. 3 V. operational resilience principles .. 3 Governance .. 4 operational risk management .. 4 Business continuity planning and testing .. 5 Mapping interconnections and interdependencies.

Principles for Operational Resilience 1 Principles for operational resilience I. Introduction 1. In the years that followed the Financial GreatCrisis (GFC) of 200709, the – Basel Committee’s reforms of its prudential framework have enhanced the …

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