BOURSE DE MONTRÉAL INC.: APPROVED PARTICIPANTS BUSINESS CONTINUITY PLAN COVID-19
The Regulatory Division (the “Division”) of Bourse de Montréal inc. (the “Bourse”) reminds Approved Participants that the Rules of the Bourse (Article 3.102) require that each Approved Participant “establish and maintain a business continuity plan identifying the necessary procedures to be undertaken during an emergency or significant business disruption. Such procedures must be reasonably designed to enable the Approved Participant to stay in business in the event of a future significant business disruption in order to meet obligations to its clients and capital markets counterparts and must be derived from the Approved Participant’s assessment of its critical business functions and required levels of operation during and following a disruption.” Such business continuity plans should cover multiple scenarios, including those of a flu pandemic. Read more.