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ICI Members Are Monitoring the New Coronavirus Outbreak
By Peter Salmon
January 31, 2020
Earlier this week, ICI’s Industry Operations Department surveyed members of the Institute’s Technology Committee to better understand the measures being taken by ICI members to protect their employees and maintain business continuity in the face of the new coronavirus outbreak. The committee is made up of 102 firms, and includes both large and small US-based fund firms, some with international operations.
What follows is a sample of the results:
- 50 percent of the respondents have at least one office in Asia
- Almost 50 percent have issued a travel advisory (“increased caution” level) to Asia
- Almost 25 percent have issued a travel ban to Asia
- Most travel advisories and bans are directed at mainland China
- More than one-third of respondents have instituted “home quarantine” for employees who have traveled to mainland China
- More than half of the respondents are distributing extra hand sanitizers, surgical masks, or N95 masks to employees
- Respondents are monitoring a variety of websites that track updates to the coronavirus outbreak, including the Centers for Disease Control, Johns Hopkins Center for Systems Science and Engineering, and the World Health Organization
ICI plans to conduct further surveys as the outbreak continues.
Peter Salmon is ICI’s senior director of operations and technology.
Permalink: https://www.ici.org/viewpoints/20_view_coronavirus
TOPICS: GlobalInternationalOperations and Technology
2019 Annual Report to Members: ICI's International Work
By Miriam Bridges
November 21, 2019
With the industry's interests bound ever more tightly to global trends, ICI pursues an active international agenda through its international arm, ICI Global. ICI’s international work in 2019 was a period of vigorous effort on a host of issues....
TOPICS: CybersecurityExchange-Traded FundsFinancial MarketsFinancial StabilityGlobalICI GlobalInternationalOperations and TechnologyRetirement Policy
2019 Annual Report to Members: A Letter to ICI's Membership
By George C. W. Gatch and Paul Schott Stevens
November 14, 2019
What follows is an abridged version of a letter by ICI Chairman George C. W. Gatch and ICI President and CEO Paul Schott Stevens that was released in ICI’s 2019 annual report. To read their full letter, please see ICI’s 2019 Annual Report to Members....
TOPICS: Financial MarketsFinancial StabilityFund RegulationGlobalGovernment AffairsICI GlobalIndex FundInternationalInvestor ResearchMutual FundPolicy ResearchRetirement PolicyShareholder