BIA and Risk Assessments

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Question:

Are you required to complete a BIA and risk assessment for each branch office?

Answer:

You should look at each office and location to determine if there are any processes or services at those locations that may have a different priority. Chances are your priorities, services, functions, etc are going to be the same regardless, but I would review just to make sure.

Archive of Risk Management Questions

First published on BankersOnline.com 12/01/08