Press release-Draft Master Direction – Information Technology Governance, Risk, Controls and Assurance Practices (dated-20.10.2022)-RBI.
View PdfPress release-Draft Master Direction – Information Technology Governance, Risk, Controls and Assurance Practices (dated-20.10.2022)-RBI.
- It was announced in the Statement on Developmental and Regulatory Policies, released with the bi-monthly Monetary Policy Statement dated February 10, 2022, that guidelines relating to Information Technology Governance and Controls, Business Continuity Management and Information Systems Audit require to be updated and consolidated.
- Accordingly, as part of consolidation and Updation of extant instructions, the Reserve Bank of India has today placed on its website ‘Draft Master Direction – Information Technology Governance, Risk, Controls and Assurance Practices’ for comments of stakeholders and members of the public.
- Comments / feedback from Regulated Entities (RE) and other stakeholders may be submitted by November 20, 2022 through email with the subject line ‘Feedback on Master Direction – Information Technology Governance, Risk, Controls and Assurance Practices’. The final Master Direction shall be issued by Reserve Bank after considering the feedback received, refer attachment for further details