Current Issues
Past Issues
Calendar of Events
SFEMC-ABS Joint Statement on SARS
SFEMC-ABS Joint Statement on SARSto CEOs/Treasury Head/BCM Head of ABS Member Banks and Other FinancialInstitutions

29 March 2003
In response to the current developments on the Severe Acute RespiratorySyndrome ("SARS"), the Singapore Foreign Exchange Market Committee("SFEMC") and The Association of Banks in Singapore ("ABS") recommend thefollowing for business continuity management ("BCM") of treasury and dealing rooms' operations.

To minimize or prevent any disruption to normal trading operations of alltreasury activities, financial institutions are encouraged to:

(1) Keep current their BCM plans;
(2) Heed the travel advisory issued by the Ministry of Health to:

- Avoid travelling to Hong Kong, Hanoi and Guangdong province in China forthe time being, unless absolutely necessary.

- If you have travelled to these places, be vigilant and seek immediatemedical attention if you have fever (more than 38 degree celsius) andrespiratory symptoms including cough, shortness of breath or breathingdifficulty. Do not fly if you have developed such symptoms.- Avoid crowded places if possible.

<< Back
Stay on top of the latest news on this page by Subscribing to our email alert.

2007/2008 Biennial Publication
  Read More
  Terms & Conditions | Privacy Policy
Copyright © 2008 Singapore Foreign Exchange Market Committee