Tag: management

  • FFIEC Updates (and Greatly Expands) the Management Handbook

    FFIEC Updates (and Greatly Expands) the Management Handbook

    This latest update to the IT Examination Handbook series comes 11 years after the original version.  And although IT has changed significantly in the past 11 years, the requirement that financial institutions properly manage the risks of IT has not changed.  This new Handbook contains many changes that will introduce new requirements and new expectations…

  • A Look Back at 2013…and a Look Ahead – Part 1 (charts edition)

    One thing that’s clear from the examination feedback I’ve received from financial institutions in 2013 is that examiners are spending less time in their safety & soundness examinations on the CAMELS “C”, “A”, & “L” (capital, asset quality and liquidity) issues, and more time on the “M” & “E” (management and earnings) issues.  (There was…

  • 2012 Compliance Trends, Part 3 – Management

    I’ve written about the importance of this before, and from many different angles, but I want to recap and explain why I think management (both IT and enterprise) will be an area of increased regulatory focus in the year ahead.  To recap my criteria for inclusion in the “2012 Trends” list, it must have a…