Feb 27, 2024 · The guidelines are based on international standards and best practices, and they are designed to help financial institutions identify, assess, ...

Mar 1, 2024 · These guidelines aim to ensure that banks maintain effective oversight and control over outsourced activities while mitigating associated risks.

Objective: Ensure clear accountability and oversight mechanisms for managing cloud services risks. Governance Structure: Establish a governance structure that ...

Objective: This control standard aims to ensure that banks effectively identify, assess, mitigate, and manage risks associated with engaging third-party ...

Internal Controls: Risk Identification and Assessment: Conduct regular risk assessments to identify and prioritize potential risks to internet banking and ...

Feb 28, 2024 · The objective of this control standard is to ensure that an organization has comprehensive contingency plans in place to mitigate the potential ...

Feb 27, 2024 · The HKMA (Hong Kong Monetary Authority) document "Risk Management of E-banking TM-E-1" is a regulatory guideline specifically designed to ...

Implement risk management controls: Implement appropriate risk management controls to mitigate identified risks, such as: Strong authentication mechanisms; Data ...

Mar 1, 2024 · Regular Risk Assessments: Conduct comprehensive risk assessments of all planned and existing outsourcing arrangements to identify potential ...

These guidelines aim to ensure that banks maintain effective oversight and control over outsourced activities while mitigating associated risks. Key ...