New Pandemic Guidance Issued by FFIEC. Financial institutions should identify continuity planning that should be in place to minimize the potential adverse effects of a pandemic. Experts believe the most significant challenge may be the severe staffing shortages that will likely result from pandemic outbreak. The range of plans and preparations for each financial institution takes into account the scope of activities, size and complexity of the institution. The OCC is the lead agency regarding this Pandemic guidance, says Mark L. ODell.”]
Source: https://www.cuinfosecurity.com/new-pandemic-guidance-issued-by-ffiec-a-658