| Q2-2010 New regulations for bank information systems |
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The Decree Regarding Principles to be taken into account by Banks for Information Systems Management was amended on 1 June 2010. In accordance with the amendments concerning the Internal Systems of Banks and its new provisions, the Decree has introduced a stricter regime in order to achieve the continuity and sustainability of bank information systems. There are now more preconditions for Plan for Information Systems Continuity preparation procedures, which will be developed in line with the Operational Continuity Plan. The new amendment also requires the establishment of a secondary centre by banks with different risks to the primary centre and will be used for storing data and system backups.
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