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AMF GUIDELINES ON RISK MANAGEMENT OF INFORMATION & COMMUNICATIONS TECHNOLOGIES
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RISK MANAGEMENT OF INFORMATION AND COMMUNICATIONS TECHNOLOGIES FOR THE FINANCIAL SERVICES IN QUEBEC

The Autorité des marchés financiers (AMF) guidelines provide financial institutions with the necessary standards to determine suitable strategies and procedures for the implementation of necessary principles and to apply them according to their nature, size, complexity, and risk profile. Are you aware of the compliance deadline?

Deadline to comply: February 27, 2021

Who does this apply to:

  • insurers of persons (life and health insurers
  • damage (P&C) insurers
  • holding companies controlled by an insurer
  • financial services cooperatives
  • trust companies and savings companies
  • financial institutions operating independently
  • financial institutions operating as members of a financial group

Every organization is different. Do you know what YOUR needs are?

This guideline explains the necessary elements of Information and Communications Technology (ICT) risk management, which ultimately aim to strengthen the financial sector’s resilience to the risk of loss, theft, corruption and unauthorized access to data. These expectations are aimed at establishing adequate safety standards by implementing measures that help prevent the occurrence of such incidents and to limit their impact.

Do you know the gaps you need to remediate? According to the regulation, it is the responsibility of the institution to fully understand all the ICT risks it faces and to ensure that they are adequately considered according to its nature, its size, the complexity of its activities and its risk profile. It is also the responsibility of the institution to know the best practices in terms of ICT risk management and to adopt them to the extent that they meet its needs.

At Hitachi Systems Security, we are helping customers get a sense of what exactly this entails. Feel free to consult the downloadable outline that we have put together for our customers.

If you need assistance with the regulation, please reach out to us for an assessment.


Where Are You At?

GDPR can be overwhelming and you need expert guidance to find out if and how the GDPR applies to your organization

Testing where you fail to comply is a good first step to GDPR compliance, and picking the brain of our data privacy experts helps you go in the right direction

You have everything in place to achieve GDPR compliance, but need to review your measures and policies

You already comply with GDPR but want to ensure continued compliance with a holistic program that spans across all your compliance requirements

You’re already doing business with the EU, are PIPEDA compliant and now need to align with the GDPR to continue your business in the EU

Do you know your current ICT risk exposure and possible risk profile? Let us help!

For more information on data leaks and AMF guidelines, read our blog articles:

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