Business continuity exercise will assess pandemic preparedness in the UK
The Bank of England, HM Treasury and the FSA are to gauge how the industry would manage a flu pandemic.
The authorities governing the financial sector in the UK have started an annual market-wide exercise to improve, test and update plans for managing a pandemic threat. The exercise requires that the 70 organisations taking part review the business continuity in the face of reduced staffing levels, and the effect of disruption to transport, power and telecommunications.
The exercise, scheduled to
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