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Operational Resilience Policy
I need an Operational Resilience Policy for a UAE-based fintech company that emphasizes cloud security and digital payment systems, ensuring compliance with Central Bank of UAE requirements by March 2025.
1. Purpose and Scope: Defines the objective of the policy and its application scope across the organization
2. Governance Framework: Outlines the governance structure, roles, and responsibilities for operational resilience
3. Definitions: Key terms and concepts used throughout the policy
4. Legal and Regulatory Framework: References to relevant UAE laws, regulations, and compliance requirements
5. Risk Assessment and Management: Methodology for identifying, assessing, and managing operational resilience risks
6. Important Business Services: Identification and mapping of critical business services and their dependencies
7. Impact Tolerance Levels: Definition of maximum tolerable levels of disruption for critical services
8. Business Continuity Management: Procedures for ensuring continuity of critical business operations
9. Cyber Resilience Framework: Measures for maintaining cyber security and responding to cyber threats
10. Third-Party Risk Management: Guidelines for managing operational resilience risks from third-party providers
11. Incident Management and Response: Procedures for detecting, responding to, and recovering from operational disruptions
12. Testing and Assurance: Requirements for testing operational resilience capabilities and controls
13. Training and Awareness: Program for employee training on operational resilience procedures
14. Reporting and Documentation: Requirements for internal and regulatory reporting on operational resilience
15. Review and Update: Process for periodic review and updating of the policy
1. Change Management: Procedures for managing changes that could impact operational resilience - include for organizations with complex change management requirements
2. Data Protection and Privacy: Specific measures for ensuring data protection as part of operational resilience - include for organizations handling sensitive personal data
3. Physical Security: Measures for ensuring physical security of critical assets - include for organizations with significant physical infrastructure
4. Cloud Service Resilience: Specific requirements for cloud service operational resilience - include for organizations heavily reliant on cloud services
5. Remote Working Resilience: Procedures for ensuring operational resilience in remote working scenarios - include for organizations with significant remote operations
6. Financial Market Infrastructure: Specific requirements for financial market infrastructure resilience - include for financial institutions
7. Cross-Border Operations: Requirements for managing operational resilience across multiple jurisdictions - include for organizations with international operations
1. Schedule 1: Risk Assessment Matrix: Template and guidance for risk assessment and impact analysis
2. Schedule 2: Important Business Services Register: List of critical business services and their impact tolerances
3. Schedule 3: Incident Response Templates: Standard templates for incident reporting and response
4. Schedule 4: Testing Schedule and Scenarios: Annual schedule of resilience tests and scenario descriptions
5. Schedule 5: Key Third-Party Service Providers: Register of critical third-party providers and their resilience requirements
6. Appendix A: Regulatory Reporting Requirements: Detailed requirements for UAE regulatory reporting
7. Appendix B: Business Impact Analysis Template: Template for conducting business impact analysis
8. Appendix C: Communication Protocols: Protocols for internal and external communication during disruptions
Authors
Banking and Financial Services
Insurance
Healthcare
Technology and Telecommunications
Energy and Utilities
Government and Public Sector
Transportation and Logistics
Retail and Consumer Services
Manufacturing
Real Estate and Construction
Education
Professional Services
Risk Management
Information Technology
Operations
Compliance
Internal Audit
Information Security
Business Continuity
Crisis Management
Quality Assurance
Process Excellence
Corporate Governance
Digital Transformation
Enterprise Architecture
Vendor Management
Human Resources
Chief Risk Officer
Chief Information Officer
Chief Operations Officer
Chief Compliance Officer
Risk Manager
Business Continuity Manager
Information Security Manager
Operations Director
Compliance Manager
IT Security Manager
Quality Assurance Manager
Internal Audit Manager
Process Excellence Manager
Enterprise Risk Manager
Digital Transformation Manager
Business Unit Director
Corporate Governance Manager
Operational Risk Specialist
Resilience Coordinator
Crisis Management Officer
Find the exact document you need
Operational Resilience Policy
A comprehensive operational resilience framework aligned with UAE regulations and best practices, designed to ensure business continuity and risk management.
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