Regulatory AlertsCircular 126 on Computer Security Rules
The Bank of the Republic of Haiti issued Circular 126 to mandate computer security rules for financial institutions under the Banking Law of May 14, 2012. The regulation requires institutions to implement comprehensive security standards, including governance structures, risk management, physical and network protection, and mandatory internal and external audits every three years. Non-compliance triggers enforcement actions, including BRH-conducted audits at the institution's expense and daily fines of 100,000 gourdes for failure to rectify violations.
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