Banking and Financial Infrastructure Continuity: Pandemic Flu, Terrorism, and Other Challenges

Weiss, N. E.

Library of Congress. Congressional Research Service.

关键词: Finance;    Banks and banking;    Financial institutions;   

RP-ID  :  RL31873
RP-ID  :  RL31873_2009May04

美国|英语

来源: UNT Digital Library

【 摘 要 】

This report outlines the financial sector's recovery plans for two kinds of disasters: the inability to conduct transactions and large losses of asset value. The basic function of the payment system is carried out by banks, and monetary policy affects banks immediately. Because brokers, exchanges, secondary market facilities, and insurance companies carry out crucial financial functions, their regulators and trade associations are involved in continuity of operations planning for contingencies.