CONTENTS
HOME
OUR WORK
Managing Risks,
Emerging Stronger
TUMULTUOUS
YEAR FOR THE
GLOBAL ECONOMY
MONETARY POLICY
AN UNPRECEDENTED CRISIS
INTEGRATED
APPROACH TO
FOSTER SAFETY AND
SOUNDNESS OF
FINANCIAL
INSTITUTIONS AND
FINANCIAL SYSTEM
BUILDING ON OUR
FUNDAMENTALS,
PREPARING FOR
THE UPTURN
ENHANCING
OPERATIONAL
CAPABILITIES AND
RESILIENCE
CURRENCY AND
PAYMENT SYSTEM

Box Story 5: Swift Action to Counter Influenza A(H1N1)

In May 2009, MAS took swift action to manage the risks brought about by the outbreak of Influenza A(H1N1) in various countries. As Singapore's national Disease Outbreak Response System (DORSCON) alert level was raised from Green, first to Yellow and then to Orange, MAS invoked its flu pandemic plan and implemented risk management measures commensurate with the DORSCON alert levels. We stepped up workplace protection measures, such as more frequent cleaning and disinfection of common areas, and instituted health declaration and temperature screening of visitors to MAS Building and Currency House. As a precautionary measure, MAS also activated its split operations strategy and adopted the travel advisory recommended by the Ministry Of Health. As for financial institutions, they have already put in place business continuity plans, and were prepared to implement additional measures to meet the threat posed by Influenza A(H1N1). Although some of these measures were progressively lifted following the lowering of DORSCON alert level back to Yellow, the experience in dealing with the Influenza A(H1N1) outbreak has provided MAS and financial institutions the opportunity to stress-test and enhance our flu pandemic preparedness.