8 Contingency Plan

This topic describes the procedures to be followed in case of disruption of business due to abnormal or emergency situations.

Overview of Contingency plan

The people responsible for developing a contingency plan for the AMC are:

• The Contingency Planning Officer for the overall AMC and Agencies plan
• The Data center manager for technology contingency, including communications, hardware, system software and third party software.
• The Fund Manager of the AMC who is responsible for FCIS and the board of trustees or directors of the AMC. The members of the internal control department.

Contingency plan addressing issues

The Contingency plan should address the following issues:

• Operation Risk assessment
• Contingency planning
• Software errors outside and inside of normal working hours
• Contingency plan distribution list
• Persons who can authorize the emergency procedure
• Contact points in the event of hardware and software problems
• Potential exposure and containment measures

This topic contains the following sub-topics:

• Operational Risk Assessment
  This topic explains the Operational Risk Assessment.
• Contingency Planning Process
  This topic explains the Contingency Planning Process.
• Software Errors Outside Normal Working Hours
  This topic explains the software errors that occur outside normal working hours.
• Contingency Plan Distribution List
  This topic gives the Contingency Plan Distribution List.
• Persons That Can Authorize Emergency Measures
  This topic lists the persons who can authorize emergency measures.
• Contact Points incase of Hardware and Software Problems
  This topic gives on overview on contact coints incase of Hardware and Software Problems.
• Potential for Exposure and Containment Measures
  This topic explains the potential for Exposure and Containment measures.