12 CFR 609.935

§ 609.935 Business planning.

United States · 12 CFR — Banks and Banking · Status: effective

Cite this

Citation: 12 CFR 609.935, § 609.935 Business planning, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/47582
Permanent ID: ys:prov:47582@1
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Full text

The annually approved business plan required under subpart J of part 618 of this chapter, and § 652.60 of this chapter for System institutions and the Federal Agricultural Mortgage Corporation, respectively, must include a technology plan that, at a minimum: (a) Describes the institution's intended technology goals, performance measures, and objectives; (b) Details the technology budget; (c) Identifies and assesses the adequacy of the institution's entire cyber risk management program, including proposed technology changes; (d) Describes how the institution's technology and security support the current and planned business operations; and (e) Reviews internal and external technology factors likely to affect the institution during the planning period.

Legislative history

This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.