UK firms urged to review back-up plans


LONDON -- UK financial firms will want to review the robustness of their contingency and back-up plans in the light of the September 11 attacks on the World Trade Center in New York’s financial district, Bank of England deputy governor David Clementi said in October.

There were a number of lessons for UK firms, particularly for those providing key services to financial markets, Clementi said in remarks in London and Oxford.

However, he declined to elaborate on the lessons at this stage.

But he

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