The FOA has put in place the following:

In the event of a major catastrophe in London, the FOA would:

• As soon as possible contact all Members by telephone/email/fax (hopefully within 24 hours) to ascertain 'damage' status and determine how and where the FOA might be able to assist;
• set up an 'emergency forum' via twice daily conference calls for exchanges, clearing houses and clearing firms to review operational readiness and, where necessary, ensure that relevant organisations (regulators/government departments) were alerted to any potential problems and facilitate the flow of information;
• implement an 'emergency news' bulletin service via the FOA website which will contain information reports which may emanate from the twice-daily reviews of the 'emergency forum'.

The success of such measures depends largely on the willingness of members to provide the FOA with accurate contact details of those persons who would be the principal point of contact in any emergency (e.g. the persons responsible for business recovery and continuity planning and implementation). Please note that such information will be kept confidential. It is also important to ensure that the measures the FOA is implementing are sustainable in the long term and this will mean keeping the FOA informed of changes within your organisation (e.g. changes to staff for responsible for business recovery/continuity and; changes to telephone numbers/email address). Please click here for contingency form.

The measures being implemented by the FOA do not in any way duplicate of replace contingency plans that have been put in place by the exchanges, clearing houses, authorities and individual firms arrangements in the event of a major catastrophe, but are designed to provide an additional level of support and source of information.

Useful contacts:

APACS/CHAPS

Bank of England

City of London and Metropolitan Police Alert Scheme

Corporation of London

Crestco

Eurex

Euroclear

Euronext.liffe

Financial Services Authority (FSA)

International Petroleum Exchange of London Limited (IPE)

London Metal Exchange (LME)

London Stock Exchange (LSE)

LCH.Clearnet (LCH)