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Risk Management Principles for Electronic Banking - Basel ...

Source: www.bis.org
Topic: Risk Management

Sort Desciption: "Risk Management for Electronic Banking and Electronic Money Activities" ... The Basel Committee released the EBGs Report on risk management and ...

Content Inside: Basel Committee on Banking Supervision Risk Management Principles for Electronic Banking July 2003 Table of Contents Executive Summary .1 I. Introduction.4 A. Risk Management Challenges .5 B. Risk Management Principles.6 II. Risk Management Principles for Electronic Banking.7 A. Board and Management Oversight (Principles 1 to 3).8 B. Security Controls (Principles 4 to 10) .12 C. Legal and Reputational Risk Management (Principles 11 to 14) .18 Appendix I: Sound Security Control Practices for E-Banking.22 Appendix II: Sound Practices for Managing Outsourced E-Banking Systems and Services .23 Appendix III: Sound Authorisation Practices for E-Banking Applications .26 Appendix IV: Sound Audit Trail Practices for E-Banking Systems .27 Appendix V: Sound Practices to Help Maintain the Privacy of Customer E-Banking Information.28 Appendix VI: Sound Capacity Business Continuity and Contingency Planning Practices for E-Banking .29 Electronic Banking Group of the Basel Committee on Banking Supervision Chairman: Mr John Hawke Jr - Comptroller of the Currency Washington DC Members: Australian Prudential Regulation Authority Australia Mr Graham Johnson Commission Bancaire et Financire Belgium Mr Jos Meuleman Mr Koen Algoet Office of the Superintendent of Financial Institutions Canada Ms Judy Cameron Mr Abilash Bhachech Commission Bancaire France Mr Alain Duchteau Deutsche Bundesbank Germany Mr Sven Jongebloed Bundesanstalt fr Finanzdienstleistungsaufsicht Germany Mr Stefan Czekay Hong Kong Monetary Authority Hong Kong SAR Mr Shu-Pui Li Mr Brian Lee Banca d'Italia Italy Mr Filippo Siracusano Mr Tullio Pra Bank of Japan Japan Mr Toshihiko Mori Mr Hiroaki Kuwahara Ms Tomoko Suzuki Financial Services Agency Japan Mr Koji Hamada Ms Yoko Ota Commission de Surveillance du Secteur Financier Luxembourg Mr David Hagen Mr Claude Bernard De Nederlandsche Bank N.V. The Netherlands Mr Erik Smid Monetary Authority of Singapore Singapore Mr Leon Chang Mr Enoch Ch'ng M ...

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