FSA puts flu on the agenda

New angles

The UK's Financial Services Authority (FSA) has urged banks to draw up business continuity plans in the case of a global pandemic, a month after the first human cases of avian flu emerged in Europe.

In its annual Financial Risk Outlook report, the FSA now places the threat from a global pandemic alongside terrorism as a 'priority risk', and firms are being urged to prepare for any possible outbreak in humans by regularly assessing the impact on their businesses and testing that continuity

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