12 C.F.R. § 609.940

Current through September 30, 2024
Section 609.940 - [Effective until 1/1/2025] Internal systems and controls

When applicable, internal systems and controls must provide reasonable assurances that System institutions will:

(a) Follow and achieve business plan objectives and policies and procedures requirements regarding E-commerce; and
(b) Prevent and detect material deficiencies on a timely basis.

12 C.F.R. §609.940