Regulatory Alerts2024-08-28
SR 24-6: FFIEC Information Technology Examination Handbook – Development, Acquisition, and Maintenance
The Federal Reserve issued SR 24-6 to announce the Federal Financial Institutions Examination Council's revision of the IT Examination Handbook's Development, Acquisition, and Maintenance booklet. This update replaces the 2004 booklet and incorporates maintenance into the title to reflect its critical role in the lifecycle of information systems and components. The revised booklet provides examiners with updated procedures and highlights key risk management practices without imposing new requirements on supervised entities.
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