The release of the Bank Resolution Framework
is in line with the developments in the international regulatory arena, whereby, a number of other jurisdictions have established resolution frameworks
to operationalise the key international standards proposed by the Financial Stability Board.
is available at wwwimanet.org/framework, and an article in the upcoming March 2019 Strategic Finance will go into greater detail about the updates.
is not 'one-size-fits-all' and implementation of the same shall be risk-based and commensurate with size, nature and types of products and services and complexity of IT operations of the individual FIs.
, it was pointed out, is based on principles of international standards and best practices for technology governance and risk management including cyber security.
* While 84% of survey respondents reported their organization leveraged at least one security framework
, 16% still do not leverage any security framework
Some enterprise technology decision-makers also believe that adhering to a well-laid out framework
may make sense but ultimately one has to customize it according to his enterprise's business requirements.
NIST has stressed that the framework
is not a one-size-fits-all approach to managing cybersecurity risk.
It was further decided that the proposed law and the proposed policy framework
should be harmonized.
Banking software provider Temenos (SIX:TEMN) announced on Wednesday the evolution of its T24 Enterprise vision, known as Temenos Enterprise Frameworks
Architecture (TEFA), which lays the foundation for the future development of modular banking components.
offers one application programming interface (API) that enables users to automate the user interface (UI) of web applications as part of regression testing.
Kevin Robertson, partner and project manager for the engagement at Dickinson Dees said: "The solution of creating a framework
for pre-qualified contractors to sit on will maintain the focus on streamlined and accelerated delivery of new academy schools.
The .NET Micro Framework
has its roots at Microsoft Research where computer scientists aimed to simplify the development of small, low-power designs.