WASHINGTON – The Federal Financial Institutions Examination Council (FFIEC) has issued guidance today that credit unions and other financial institutions can use when preparing for a possible pandemic.

The guidance expands upon the contents of the Interagency Advisory on Influenza Pandemic Preparedness issued in March 2006, the Council said.

In its instructions the Council pointed out that unlike most natural or technical disasters and malicious acts, the larger scale and longer duration of a pandemic make preparation for more difficult.

Continue Reading for Free

Register and gain access to:

  • Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.