RegAlert2021-07-07 | NBB_2021_15Added · Updated
Guidelines on information and communication technology security and governance
The National Bank of Belgium integrates the EIOPA Guidelines on ICT security and governance into its supervisory practices, requiring insurance and reinsurance companies to establish adequate ICT risk management, strategy, and security measures. The document mandates that administrative, management, or supervisory bodies ensure appropriate governance, allocate sufficient resources, and implement written ICT strategies aligned with business objectives. It further requires the establishment of information security policies, logical and physical security controls, and regular auditing of ICT systems to protect confidentiality, integrity, and availability of information assets.
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RPM (Trade Register) Brussels www. nbb. be mBanqueNqtipnaleBank DE BELCIQUE VAN BELGIE Eurosystem Circular Brussels, 6 July 2021 Reference:
Contact person:
Thomas Plomteux
Phone+32 2 221 21 97 thomas. plomteux@nbb. be
NBB. 2021 15
Guidelines on information and communication technology security and governance . Insurance and reinsurance companies governed by Belgian law that are subject to the Law of 13 March 2016 on the legal status and supervision of insurance or reinsurance companies (hereafter "Solvency II Law") (excluding the insurance companies referred to in Articles 275, 276 or 294 of the aforementioned Solvency II Law); . Authorised branches in Belgium of insurance companies of which the registered office is established in a third country (a country that is not a party to the European Economic Area (EEA) Agreement); . Entities that are responsible for an insurance or reinsurance group governed by Belgian law within the meaning of Articles 339, 2°, and 343 of the Solvency II Law, or for a financial conglomerate governed by Belgian law within the meaning of Articles 340, 1°, and 343 of the Solvency II Law. Summarv/Obiectives 77i/s Circular implements the Guidelines of the European Insurance and Occupational Pensions Authority (hereinafter referred to as "EIOPA") on information and communication technology security and governance (EIOPA-BoS-20/600)1 and applies from 6 July 2021. https://www. eiopa. europa. eu/content/guidelines-information-and-communication-technology-security-andgovemance_en. NBB 2021 15 - 06072021 Circular - Page 1/18
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Source: National Bank of Belgium — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works
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