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FFIEC IT Examination Handbook Business Continuity Management November 2019 2 This booklet does not impose requirements on entities. Instead, this booklet describes practices that examiners may use to assess an entity's BCM function. Appendix A of this booklet provides objectives-based examination procedures. The application The Federal Financial Institutions Examination Council (FFIEC) has issued an appendix to the Business Continuity Planning (BCP) booklet of the FFIEC Information Technology Examination Handbook entitled "Strengthening the Resilience of Outsourced Technology Services." The booklet is part of the IT Examination Handbook series and provides Summary: The Federal Financial Institutions Examination Council (FFIEC) issued the Business Continuity Management (BCM) booklet, which is part of the FFIEC Information Technology Examination Handbook. The booklet replaces the Business Continuity Planning booklet issued in February 2015. Statement of Applicability to Institutions under $1 The FFIEC has done a tremendous amount of work reorganizing and restructuring the document. However, closer examination will find much of the same content from the old Booklet in a simpler, more logical format which allowed the FFIEC to take a deeper dive into some key areas of business continuity management. This resource will OCC Bulletin 2015-9 announced that the FFIEC has released appendix J to the "Business Continuity Planning" booklet of the FFIEC Information Technology Examination Handbook. Appendix J, "Strengthening the Resilience of Outsourced Technology Services," ensures that the booklet aligns with regulatory guidance on third-party relationship risk management and incorporates emerging risks, such as On May 13, 2022, the FFIEC very quietly rescinded the FFIEC Information Technology Examination Handbook (IT Handbook) booklet entitled E-Banking.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. FFIEC Rewrites Business Continuity Guidance. The all new IT Examination Handbook is more than an update, it's a complete re-write, and represents a significant change in how the business continuity process is managed. It also has several new expectations regulators will be looking for from financial institutions 1. The Federal Financial Institutions Examination Council on behalf of its members today issued a statement announcing best practices for requesting examination information from supervised entities, and a common authentication solution for secure access to the FFIEC members' supervision systems. Maintained by the FFIEC. Written by Kim Johnson January 21, 2020 In November 2019, the Federal Financial Institutions Examination Council (FFIEC) released an update to the Information Technology Examination Handbook ( IT Handbook ). This handbook is a guide for examiners at its member agencies, which include the FRB, FDIC, NCUA, OCC, and CFPB. The Federal Financial Institutions Examination Council (FFIEC) released an updated Business Continuity Planning Booklet (booklet), which replaces the version issued in March 200