Book traversal links for Article 30
Article 30
Effective from 2019-12-10 - Dec 09 2019
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1. | A Consumer Microfinance Company’s technical equipment and related systems must be adequate according to industry standards for the company’s operational needs, nature of activity and risk situation. |
2. | Information technology systems and the related processes must be designed in a manner that ensures data integrity, availability, authenticity and confidentiality. Information technology systems and the related processes must be assessed on a regular basis in accordance to the generally accepted technical standards and tested before they are used for the first time and after any changes have been made. |
3. | A Consumer Microfinance Company must establish a business continuity plan for emergencies that includes alternative solutions to restore its operations within an appropriate time. |