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Pandemic Preparation: Regulatory Relief, Workforce Readiness Remain Open Questions

Financial Services Sector Coordinating Council completed the largest-ever pandemic exercise for the U.S. financial services industry. Singapore plans to do their own exercise later this year. The areas that need more work include the whole area of interdependencies, particularly in the area of telecommuting. Regulators should be able to respond to requests for regulatory relief in advance, Hender says. Almost all (99%) of the major firms who participated in the exercise indicated they were making plans to move their business units to other parts of the country.”]

Source: https://www.cuinfosecurity.com/pandemic-preparation-regulatory-relief-workforce-readiness-remain-open-a-693

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