PDF4PRO ⚡AMP

Modern search engine that looking for books and documents around the web

Example: confidence

Regulatory Framework Technology Risk

09 December 2021 MONETARY BOARDCENTRAL BANK OF SRI LANKABANKING ACT DIRECTIONSNo. 16 of 2021 Regulatory Framework on Technology Risk Management and Resiliencefor Licensed BanksIn the exercise of the powers conferred by Sections a6(l) and 76(J)(1) of the Banking Act, No. 30of 1988, as amended, the Monetary Board hereby issues the following Directions on RegulatoryFramework on Technology Risk Management and Resilience for licensedtommercial banks andlicensed specialised banks, hereinafter referred to as licensed banks, with a view to furtherstrengthening the Technology risk managernent and resilience in licensed In terms of Section a6(1) of the Banking Act, in order to ensure thesoundness of the banking system, the Monetary Board is empoweredto issue Directions to all licensed commercial banks, regarding themanner in which any aspect of the business of such bank or banks isto be lnterms of Section 76(J)(1)

the licensed bank through the Board Audit Committee, at least annually. ... or in the absence of such committee head of risk management, together with the risk ... 4.1.7 ISC shall meet at least once in every two months and shall have a quorum and terms of reference approved by the Board of Directors. 4.2 Chief Information Security Officer (CISO

Loading..

Tags:

  Terms, Risks, Reference, Committees, Audit, Audit committee, Terms of reference

Information

Domain:

Source:

Link to this page:

Please notify us if you found a problem with this document:

Spam in document Broken preview Other abuse

Transcription of Regulatory Framework Technology Risk

Related search queries