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News Release 2006-31 | March 15, 2006

Bank and Thrift Agencies Issue Advisory on Influenza Pandemic Preparedness

Joint Release

Board of Governors of the Federal Reserve System
Federal Deposit Insurance Corporation
Office of the Comptroller of the Currency
Office of Thrift Supervision

The federal bank and thrift regulatory agencies today issued an interagency advisory to financial institutions and their technology service providers that is intended to raise awareness of the threat of a pandemic influenza outbreak and its potential impact on the delivery of critical financial services. The advisory discusses the National Strategy for Pandemic Influenza and the roles and responsibilities this strategy outlines for financial institutions and advises financial institutions and their service providers to consider this and similar threats in their event response and contingency strategies.

The advisory, which is being issued by the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, the Office of the Comptroller of the Currency, and Office of Thrift Supervision, is attached.

Media Contacts

OCC
Dean DeBuck
(202) 874-5770

Federal Reserve
Susan Stawick
(202) 452-2955

FDIC
David Barr
(202) 898-6992

OTS
Chris Smith
(202) 906-6677