Planning For Prolonged Pandemic Preparedness

A primer for financial services firms for 2022

Quick Take

As 2021 draws to a close, COVID-19's variants and mutations continue to present challenges. This extends both to the medical response as well as the economic outlook for businesses including also for some financial services firms. Just when consensus had largely thought COVID was under control, the Delta variant began to disrupt the outlook. Once Delta was tackled and under control along came Omicron (including sub-variants) to rear its ugly head and present a number of known and unknown unknowns due to its high-level of mutations, which have also led to concerns that conventional vaccines may not work, and the tentative green shoots of the economic recovery could be hampered.