12 C.F.R. § 609.940 Internal systems and controls.
Title 12 - Banks and Banking
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.
Title 12: Banks and Banking
PART 609—ELECTRONIC COMMERCE
Subpart C—Standards for Boards and Management
§ 609.940 Internal systems and controls.
