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Head-office premise loss

Premise loss · Severe but plausible · 2 affected service(s)

Scenario narrative

A structural failure in an adjacent construction project forces emergency evacuation and multi-day closure of Meridian Tower and the co-located Charlotte payments operations center. Physical records, trading-floor telephony, and the wire operations bridge are inaccessible. Work-area recovery seats at the Columbus site accommodate 40% of displaced staff on day one.

Shock set
Meridian Tower (Head Office)
premisefixed outage: 3d
Charlotte Payments Operations Center
premisefixed outage: 3d
Wire Operations team
teamfixed outage: 12h
Run simulation

The Examiner persona is read-only — switch to any operating role to launch a live run. The Monte Carlo executes in a Web Worker: the interface stays fully responsive while 10,000 iterations run.

Regulatory basis
PRA-SS1/21Scenario testingSS1/21 §5

Firms must test their ability to remain within impact tolerances under severe but plausible disruption scenarios, increasing sophistication over time.

OSFI-E21Scenario testing of resilienceE-21 §6

Institutions test critical operations against severe but plausible scenarios, using results to assess whether tolerances would be breached and to remediate weaknesses.

EU-DORADigital operational resilience testingDORA Art.24-26

A proportionate testing programme (including advanced threat-led testing for significant entities) validates the entity's ability to withstand ICT disruption.

BCBS-PORBusiness continuity planning & testingPOR P3

Banks maintain and test business continuity plans under severe but plausible scenarios to continue delivering critical operations through disruption.

Expectations are paraphrased for demonstration; consult the source instruments for authoritative text.

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