Firms 'resilient' after London bombs
LONDON – The UK's Tripartite Committee – based on the Financial Sector Continuity website – announced in mid-July that it is undertaking a "quick and dirty" assessment of the impact that the terrorist bombings of July 7 had on financial services firms, and how well the Tripartite Committee itself handled the event.
The committee, composed of the Financial Services Authority, the Treasury, and the Bank of England, will survey the firms currently participating in the resilience benchmarking project, which is an ongoing programme to benchmark best practices at a core group of systemically important financial institutions. A summary of the results will be published "in due course".
Overall, however, it is generally felt that financial institutions and market venues have shown great resilience in the wake of
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