What The Regulators Think
Posted: January 29, 2013 Filed under: Uncategorized 2 Comments »Last week the FFIEC* released draft guidelines on social media for financial institutions. Interestingly enough they may apply whether or not your institution uses social media as they believe the institution is at risk either way. Check out the full document here: http://www.ffiec.gov/press/Doc/FFIEC%20social%20media%20guidelines%20FR%20Notice.pdf. To cut to the chase TheFinancialBrand.com provided a quick overview that summarizes the guidelines in this article: http://thefinancialbrand.com/27250/ffiec-social-media-policy-guidelines-for-banks-credit-unions/ So what do you think – are these guidelines overkill or spot on?
*For my non-financial readers: Federal Financial Institutions Examinations Council
[...] See on loconnell1.wordpress.com [...]
Hope these tools help:
Social Media Risk Assessment: http://socialmediabanking.blogspot.com/2012/03/social-media-risk-assessment-process.html
Social Media Policy: http://socialmediabanking.blogspot.com/2012/08/sample-social-media-policy-for-banks.html
Social Media Training Tool: http://www.amazon.com/exec/obidos/ISBN=1456533126/internalcontrolrA/