IMF publishes flu reportIn late April, the International Monetary Fund published Progress report to the International Monetary and Financial Committee on fund initiatives to promote avian flu preparedness. The paper discusses various international activities that have taken place to promote awareness of avian flu, as well as concerns the IMF has about the potential impact it could have on the global financial system. Go to: http://www.imf.org/external/np/pp/eng/2006/041806.pdf KPMG issues exercise analysisKPMG has published an analysis of a UK financial sector market-wide exercise, which took place in the fourth quarter of 2005. The analysis notes some problems in the UK's financial sector contingency planning, including "too many false assumptions, particularly around civil authority actions and people-related impacts". The report also says: "More work is needed to identify 'supply chain' interdependencies – no organisation is an island." Go to: http://www.fsc.gov.uk/upload/public/Files/15/MWE executive summary 06.pdf MI5 issues terrorism adviceThe UK's MI5 has published an advice document for businesses, entitled Protecting against terrorism. The document provides an overview and check lists on how firms can help protect themselves and their staff from terrorist attacks. The document is available at: http://www.ukresilience.info/publications/protecting.pdf Cabinet Office refreshes guidanceThe UK government's Cabinet Office has published 'refreshed guidance', titled Contingency planning for a possible influenza pandemic. The document is geared towards local authorities but should be reviewed by financial services firms so they can understand how such authorities will respond in such a situation. The document is available at: http://www.ukresilience.info/publications/060220_refreshed_guidance.pdf ABI publishes adviceThe Association of British Insurers has published advice and links on its website on Avian flu. Topics include coverage by business interruption insurance, ABI guidance, and business continuity management planning. The site is located at:http://www.abi.org.uk/Display/default.asp?Menu_ID=1141&Menu_All=946,1141,0&Child_ID=607...
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