Raffles 2 is up and running

The Lizard get’s word from out East that the Industry Wide Exercise (codenamed Raffles 2) in Singapore is underway.

It’s co-sponsors are The Association of Banks in Singapore (“ABS”) and The Monetary Authority of Singapore (“MAS”). As we reported in an earlier blog, the scenario is based on an outbreak of pandemic flu.

An exercise communication (click here to see it) indicates that a practical drill will take place on 5th September.

Those of a nervous disposition are warned they may see bankers donning specialist protective clothing (after all those large lunches, XXXL versions are apparently in short supply) and customers visiting financial institutions may be forced to have their temperature taken. You have been warned.