Tag: Business Continuity Planning

  • 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    On May 13, 2022, the FFIEC very quietly rescinded the FFIEC Information Technology Examination Handbook (IT Handbook) booklet entitled E-Banking.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…