Federal Financial Institutions Examination Council releases updated guidance for bank examiners. The updated Management Booklet is part of the FFIEC Information Technology Examination Handbook. The revised booklet focuses on three key areas of change: IT governance for boards of directors, IT risk management for operational risks and IT assets. The updates don’t place any additional regulatory burdens on banks and credit unions, an analyst says. But some fears examiners could misinterpret expectations for the new expectations for examiners, an expert says.”]
Source: https://www.bankinfosecurity.com/ffiec-management-booklet-a-8683