SGX wants member firms to adopt disaster readiness plan

M&C
9 May 2008

Singapore - The Singapore Exchange (SGX) has proposed its member firms maintain a business continuity plan to help them cope in the event of disasters and boost confidence that the marketplace will bounce back quickly, its website said on Friday.

The public has until May 22 to give its feedback.

The proposed rules are aimed at securities and derivatives members including the likes of Merrill Lynch Singapore, Goldman Sachs Futures, Barclays Bank plc and others.

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