August 15, 2013

Monetary Board approves the Enhanced Information Technology Risk Management Framework for BSP-Supervised Institutions

The Monetary Board, in its Resolution No. 1286 dated 1 August 2013, has approved the issuance of the enhanced Information Technology Risk Management (ITRM) framework which updates existing IT-related guidelines under Sections X176 and X705 of the Manual of Regulations for Banks (MORB).  It shall cover not only all types of banks but also non-bank …

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