continuity
BUSINESS CONTINUITY PLAN CONCEPT

InfoSight Spotlight: Financial regulators revise business continuity management booklet

A highlight in this week’s InfoSight newsletter points to a booklet on business continuity. The members of the Federal Financial Institutions Examination Council (FFIEC) recently emphasized that examiners understand how management of banks and other regulated entities, including depository financial institutions, nonbank financial¬† institutions, bank holding companies and third-party service providers, have prepared their operations […]

A highlight in this week’s InfoSight newsletter points to a booklet on business continuity. The members of the Federal Financial Institutions Examination Council (FFIEC) recently emphasized that examiners understand how management of banks and other regulated entities, including depository financial institutions, nonbank financial¬† institutions, bank holding companies and third-party service providers, have prepared their operations to avoid disruptions and to recover services.

The updated Business Continuity Management booklet focuses on enterprise-wide approaches that address technology, business operations, testing and communication strategies critical to the continuity of the business. The booklet describes principles and practices for information technology (IT) and operations designed to achieve safety and soundness, consumer financial protection, and compliance with applicable laws, regulations and rules.

Read the full InfoSight newsletter here.

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About Us

The League of Southeastern Credit Unions & Affiliates represents 342 credit unions in Alabama, Florida and Georgia, with a combined total of $118.63 billion in assets and more than 10.1 million members. LSCU & Affiliates provides legislative and regulatory advocacy; education and training; cooperative initiatives (including financial education outreach); public messaging; information services; and business solutions.

LSCU Mission Statement

To create an environment that enables credit unions to grow and succeed.

LSCU Vision Statement

To be the trusted advocate and preferred source of information for credit unions.

If you need to reach us, e-mail communications@lscu.coop

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