Meaning of BUSINESS CONTINUITY in English
- BUSINESS CONTINUITY
A payment system or securities settlement system arrangement which aims to ensure that the system meets agreed service levels even if one or more components fail or if it is affected by another abnormal event. This includes both preventive measures and arrangements to deal with these events.
European Central Bank English Glossary. Английский глоссарий Европейского Центрального Банка. 2012