HIGH IMPACT CAPITAL ADVISORS LIMITED

Business Continuity Plan

Background

A business continuity plan will enable the firm to continue its business in the event of a significant business disruption or, in the alternative, conduct an orderly wind-down of operations.

In this Policy document, clients of High Impact Capital Advisors Limited (HICA) will find information on HICA commitment to these obligations and highlights of our Business Continuity Plan.

HICA Business Continuity Plan

Effective business continuity measures are critical for any business entity. HICA is committed to protecting its staff and ensuring the continuity of critical businesses and functions in order to protect the HICA franchise, mitigate risk, safeguard revenues and sustain both a stable business and customer confidence. The development, implementation, testing and maintenance of an effective global Business Continuity and Disaster Recovery plan are required to sustain these objectives.

To further our commitment in the event of a significant business disruption, as well as meet all regulatory requirements, HICA’s infrastructure includes a Business Continuity Management (“BCM”) team that is an integral part of HICA's normal business operations. BCM plans, tests, and manages crises concerning business lines and functions’ relocation and recovery.

Ten Critical Components

Our plans to ensure business continuity address the ten key areas:

1. Data back-up and recovery (hard copy and electronic) – identification of the location of primary books and records (hard copy and electronic) and the location of back-up books and records (hard copy and electronic). In addition, the Company must be prepared to describe how they back up data, as well as how they will recover data in the event of a significant business disruption.
2. All mission critical systems – systems that are necessary, depending on the nature of a member's business, to ensure prompt and accurate processing of transactions, including, but not limited to, order taking, order entry, execution, comparison, allocation, settlement of transactions, the maintenance of customer accounts, access to customer accounts and the delivery of funds and securities.
3. Financial and operational assessments – written procedures that allow the Company to identify changes in its operational, financial, and credit risk exposures. Operational risk focuses on the Company's ability to maintain communications with customers and to retrieve key activity records through its "mission critical systems." Financial risk relates to the Company's ability to continue to generate revenue and to retain or obtain adequate financing. Firms may also face credit risk, which would also hinder the ability of the Company’s counter-parties to fulfil their obligations.
4. Alternate communications between customers and the Company – alternate means of communications that a firm will use to communicate with its customers in the event of a significant business disruption.
5. Alternate communications between firm and its employees – alternate means of communications that a firm will use to communicate with its employees in the event of a significant business disruption.
6. Alternate physical location of employees – alternate locations must be designated for employees, including key personnel that have been identified to assist in the resumption of business operations.
7. Critical business constituents, banks, and counter-party impact – effect a significant business disruption will have on the Company’s relationship with its critical business constituents, banks, and counter-parties, and how it will deal with those impacts.
8. Regulatory reporting if required – available means the Company can use to continue its compliance with regulatory reporting requirements.
9. Communications with regulators if required – communication with regulators through whatever means are still available, including the designation of business continuity plan contacts with regulators to assist in these communications.
10. Providing customers prompt access to their information – measures the Company will use to make customer records available to customers in the event of a significant business disruption.

HICA has long maintained business continuity and disaster recovery plans to ensure robust operations through times of crisis. HICA has established its emergency team to quickly address changing circumstances, including monitoring compliance with applicable internal policies.

We recognize that our services are critical to our customers' success, and that this depends first and foremost on the health of our employees. In line with recommendations from the World Health Organization, and local authorities, we have taken steps to reduce our exposure to infection and to limit HICA personnel from potentially contracting or spreading COVID-19.

We will continue to update this policy as this situation evolves.

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IMPORTANT LEGAL INFORMATION

This publication constitutes marketing material and is not the result of independent financial research. Therefore the legal requirements regarding the independence of financial research do not apply. The information and opinions expressed in this publication were produced by High Impact Capital Advisors, as of the date of writing and are subject to change without notice. This publication is intended for information purposes only and does not constitute an offer, a recommendation or an invitation by, or on behalf of, High Impact Capital Advisors to make any investments. Opinions and comments of the authors reflect their current views, but not necessarily of other High Impact Capital Advisors entities or any other third party. Services and/or products mentioned in this publication may not be suitable for all recipients and may not be available in all countries. In order to be informed about the services and/or products available in such country, please kindly get in touch with High Impact Capital Advisors.

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