UK Civil Contingencies Bill pleases banks, awaits passage
London -- UK banks are happy with the language of the new Civil Contingencies Bill, which in early February was being debated in Parliament.
Originally the UK government requested vast powers in the event of a disaster on the scale of the attack on the World Trade Centers in September 2001, in a consultation document published in June 2003.
However, a report published in early December 2003, authored by the Bank of England Task Force on Major Operational Disruption, spearheaded by Andrew Large, concluded that such powers were not
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