Tag: BCP

  • FFIEC Cancels E-Banking Handbook

    FFIEC Cancels E-Banking Handbook

    On May 13, 2022, the FFIEC very quietly rescinded the FFIEC Information Technology Examination Handbook (IT Handbook) booklet entitled E-Banking.  The original booklet was released in 2003 and was accompanied by a flurry of activity by financial institutions to come up with a separate E-banking policy and risk assessment.  In effect, the FFIEC is now…

  • Compliance Quick Bites – Tests vs. Exercises, and the Resiliency Factor

    Compliance Quick Bites – Tests vs. Exercises, and the Resiliency Factor

    One of several changes implemented in the 2019 FFIEC BCM Examination Handbook is a subtle but important differentiation between a BCMP “test” and an “exercise”. I discussed some of the more material changes here, but we’re starting to see examiner scrutiny into not just if, but exactly what and how you’re testing. According to the…

  • FFIEC Issues Stealth Update to BCP Handbook

    FFIEC Issues Stealth Update to BCP Handbook

    This caught me by surprise as it was not formally announced in the “What’s New” section, but the Appendix J update to the Business Continuity Planning Handbook apparently constituted a complete update to the Handbook.  Here is what the press release said in part: The Federal Financial Institutions Examination Council (FFIEC) members today issued a revised…

  • FFIEC Issues Update to Business Continuity Guidance

    The FFIEC just issued new BCP Guidance in the form of a 16 page addendum to the existing 2008 IT Handbook on Business Continuity Planning. It is titled “Appendix J: Strengthening the Resilience of Outsourced Technology Services”, and it has significant implications for both financial institutions and service providers, and across the entire business relationship…