2020/10/26

The German Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht - BaFin) launched a consultation (to run until 23 November 2020) on draft amendments to its circular "Banking supervisory requirements for IT" (BAIT), which incorporates the European Banking Authority (EBA) guidelines (GL) for the management of information and communications technology (ICT) and security risks (EBA/GL/2019/04) into the BAIT.

Contact us