Banking regulators update IT Examination Handbook

The Federal Financial Institutions Examination Council issued the Development, Acquisition, and Maintenance booklet as part of its Information Technology Examination Handbook.

Details: Regulators said the booklet:

  • Outlines principles and practices that examiners review to assess an entity’s DA&M functions.

  • Focuses on enterprise-wide, process-oriented approaches that relate to the development of IT systems and components.

  • Reflects the expanded role of IT in supporting enterprise and business operations.