European Central Bank report captures pandemic business continuity lessons

Published: Friday, 26 March 2021 11:01

The European Central Bank (ECB) has published a new report, ‘Best practices applied by financial market infrastructures in their business continuity plans during the COVID-19 pandemic’.

The Eurosystem comprises the ECB and the national central banks of those countries that have adopted the euro. During the current pandemic, the Eurosystem has been collecting information on the preparedness of payment systems/schemes and their critical service providers for dealing with the pandemic as well as the responses and resilience measures taken.

Based on these observations, the Eurosystem has compiled a set of key market practices for pandemic crisis planning and these are published in the report with the aim of:

Read the document (PDF).