Regulatory Alerts2024-08-29 | SR 24-6SR 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 Development, Acquisition, and Maintenance booklet within the IT Examination Handbook. This update replaces the 2004 version to emphasize system maintenance and provides examiners with updated procedures for evaluating entity programs without imposing new regulatory requirements. The guidance outlines key risk management practices, project management overviews, and supply chain risk management to enhance information technology resilience.
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