U.K. FSA establishes new group to assess financial sector stability

Published 5 April 2006

British agency forms group to discuss the preparedness of the financial sector in the event of a pandemic

In response to the speculation of a possible pandemic, the British agency, the FSA (Financial Services Authority) has set up a discussion group to look at the stability and business continuity issues surrounding the financial sector. This group is being chaired by Richard Maddison, the deputy head of the financial stability sector business continuity management team at the FSA. The group has already created a survey which has been sent out to key organizations to evaluate their preparedness in the event of a pandemic.