Updated 18/09/2024
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Article 2 - Minimum content of the business continuity plan

Article 2

Minimum content of the business continuity plan

1.   Crowdfunding service providers shall develop a detailed business continuity plan addressing the risks associated with their failure (‘the business continuity plan’).

2.   The business continuity plan shall include:

(a)

measures and procedures to ensure the continuity of the provision of critical services related to existing investments;

(b)

measures and procedures to ensure the sound administration of agreements between the crowdfunding service provider and its clients and the sound administration of critical business data.