FFIEC IT Examination Handbook
Management booklet (November 2015) – FFIEC IT Examination Handbook

FFIEC IT Examination Handbook MGT-I.B.7(c): I.B.7(c) Compliance (Management)

What does MGT-I.B.7(c) require?

Senior management has compliance staff review new products, systems, applications and changes for compliance with applicable laws and regulations, because implementations and changes can cause noncompliance through inaccurate calculations, inadequate disclosures, weak security over customer information or poor customer verification.

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