▬▬▬▬▬▬▬▬▬▬▬ AFTER ACTION REPORT ▬▬▬▬▬▬▬▬▬▬▬

The US Department of the Treasury, the Financial Banking Information

Infrastructure Committee (FBIIC) and the Financial Services Sector

Coordinating Council (FSSCC) announced the released of the

After Action Report on the exercise

on January 24, 2008.

Press Release 1/24/2008

Pandemic Flu Exercise of 2007 After Action Report

▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬

The complete scenario for the Pandemic Flu Exercise is available on the

“Exercise Information” link on the left.

▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬

NOTE:

No follow-up exercise is planned for the full Financial Services Sector in 2008.

From September 24 through October 12, The Financial Banking Information Infrastructure Committee (FBIIC) and the Financial Services Sector Coordinating Council (FSSCC) conducted a pandemic flu exercise for the financial services sector in the United States.  The exercise was sponsored by the US Department of the Treasury and the Securities Industry and Financial Markets Association.

Exercise Objectives:

1. Enhance the understanding of systemic risks to the sector

2. Provide an opportunity for firms to test their pandemic plans

3. Examine how the effect of a pandemic flu on other critical infrastructures will impact the financial services sector

Key Facts:

· The exercise was open to all members of the financial services industry in the US

· Participation was voluntary and free of charge

· The exercise was conducted through a secure website, and participant anonymity was respected