FINMA Circular 2023/1 Operational Risk and Resilience — Banks
Swiss financial market supervisory authority circular covering technology infrastructure, cyber risk, critical data management, business continuity management, and outsourcing for banks and securities dealers. References use chapter and margin number format — e.g. IV.C(65) for cyber risk management margin 65 — across 114 margin numbers in 7 sections.
Controls: 222
Total Mappings: 619
Publisher: Swiss Financial Market Supervisory Authority (FINMA) Version: 2023/1 AC (20) AT (6) AU (11) CA (8) CM (11) CP (10) IA (7) IR (8) MA (7) MP (7) PE (19) PL (9) PS (9) PT (7) RA (9) SA (14) SC (34) SI (18) SR (8)
AC Access Control
| Control | Name | FINMA Circular 2023/1 References |
|---|---|---|
| AC-01 | Policy and Procedures | IV.A(23)IV.A(24)IV.B.d(59)IV.B.d(60) |
| AC-02 | Account Management | IV.B.d(59)IV.B.d(60)IV.C(61) |
| AC-03 | Access Enforcement | IV.B.d(59)IV.B.d(60)IV.C(61) |
| AC-04 | Information Flow Enforcement | IV.B.d(59)IV.C(62)IV.C(63) |
| AC-05 | Separation of Duties | IV.B.d(59)IV.B.d(60) |
| AC-06 | Least Privilege | IV.B.d(59)IV.B.d(60)IV.C(61) |
| AC-07 | Unsuccessful Logon Attempts | IV.B.d(59)IV.C(61) |
| AC-08 | System Use Notification | IV.B.d(59) |
| AC-09 | Previous Logon Notification | IV.B.d(59) |
| AC-10 | Concurrent Session Control | IV.B.d(59)IV.C(61) |
| AC-11 | Device Lock | IV.B.d(59)IV.C(61) |
| AC-12 | Session Termination | IV.B.d(59)IV.C(61) |
| AC-13 | Supervision and Review — Access Control | IV.B.d(59)IV.B.d(60) |
| AC-14 | Permitted Actions Without Identification or Authentication | IV.B.d(59) |
| AC-15 | Automated Marking | IV.D(78)IV.D(79) |
| AC-16 | Security and Privacy Attributes | IV.D(78)IV.D(79)IV.D(80) |
| AC-17 | Remote Access | IV.B.d(59)IV.C(62)IV.C(63) |
| AC-18 | Wireless Access | IV.B.d(59)IV.C(62) |
| AC-19 | Access Control for Mobile Devices | IV.B.d(59)IV.C(64) |
| AC-20 | Use of External Systems | IV.B.d(59)IV.F(100)V(101) |
AT Awareness and Training
| Control | Name | FINMA Circular 2023/1 References |
|---|---|---|
| AT-01 | Policy and Procedures | IV.A(23)IV.B.a(48)IV.B.a(49) |
| AT-02 | Literacy Training and Awareness | IV.B.a(48)IV.B.a(49)IV.B.b(50)IV.B.b(51) |
| AT-03 | Role-based Training | IV.B.a(48)IV.B.a(49)IV.B.b(50) |
| AT-04 | Training Records | IV.B.a(48)IV.B.a(49) |
| AT-05 | Contacts with Security Groups and Associations | IV.B.a(48)IV.B.b(52)IV.B.c(53) |
| AT-06 | Training Feedback | IV.B.a(47)IV.B.a(48)IV.B.a(49)IV.B.b(50)IV.B.b(51)IV.E(92)IV.E(93)IV.F(97) |
AU Audit and Accountability
| Control | Name | FINMA Circular 2023/1 References |
|---|---|---|
| AU-01 | Policy and Procedures | IV.A(23)IV.C(66)IV.C(67) |
| AU-02 | Event Logging | IV.C(66)IV.C(67)IV.C(68) |
| AU-03 | Content of Audit Records | IV.C(66)IV.C(67) |
| AU-04 | Audit Log Storage Capacity | IV.A(28)IV.A(29)IV.C(66) |
| AU-05 | Response to Audit Logging Process Failures | IV.A(41)IV.C(66)IV.C(67) |
| AU-06 | Audit Record Review, Analysis, and Reporting | IV.C(66)IV.C(67)IV.C(68)IV.C(69) |
| AU-07 | Audit Record Reduction and Report Generation | IV.C(66)IV.C(67) |
| AU-08 | Time Stamps | IV.A(28)IV.C(66) |
| AU-09 | Protection of Audit Information | IV.B.d(59)IV.C(66)IV.C(67) |
| AU-10 | Non-repudiation | IV.C(66)IV.C(67) |
| AU-11 | Audit Record Retention | IV.C(66)IV.D(82)IV.E(83) |
CA Security Assessment and Authorization
| Control | Name | FINMA Circular 2023/1 References |
|---|---|---|
| CA-01 | Policy and Procedures | IV.A(23)IV.A(24)IV.D(75) |
| CA-02 | Control Assessments | IV.D(75)IV.D(76)IV.D(77) |
| CA-03 | Information Exchange | IV.C(62)IV.F(100)V(101) |
| CA-04 | Security Certification | IV.D(75)IV.D(76) |
| CA-05 | Plan of Action and Milestones | IV.B.c(54)IV.B.c(55)IV.D(75) |
| CA-06 | Authorization | IV.A(23)IV.A(24)IV.D(75) |
| CA-07 | Continuous Monitoring | IV.C(66)IV.C(67)IV.C(68)IV.D(75)IV.D(76) |
| CA-09 | Internal System Connections | IV.B.d(59)IV.B.d(60)IV.C(62)IV.D(75)IV.D(76)IV.D(77)V(104) |
CM Configuration Management
| Control | Name | FINMA Circular 2023/1 References |
|---|---|---|
| CM-01 | Policy and Procedures | IV.A(23)IV.A(28)IV.A(36) |
| CM-02 | Baseline Configuration | IV.A(28)IV.A(29)IV.A(30)IV.A(31) |
| CM-03 | Configuration Change Control | IV.A(36)IV.A(37)IV.A(38)IV.A(39)IV.A(40) |
| CM-04 | Impact Analyses | IV.A(36)IV.A(37)IV.A(38)IV.C(66) |
| CM-05 | Access Restrictions for Change | IV.A(36)IV.A(37)IV.B.d(59) |
| CM-06 | Configuration Settings | IV.A(28)IV.A(29)IV.C(64) |
| CM-07 | Least Functionality | IV.A(28)IV.C(64)IV.C(65) |
| CM-08 | System Component Inventory | IV.A(28)IV.A(29)IV.A(30)IV.B.c(54)IV.B.c(55) |
| CM-12 | Information Location | IV.A(28)IV.A(30)IV.A(31)IV.D(78)IV.D(79) |
| CM-13 | Data Action Mapping | IV.A(30)IV.A(31)IV.D(78)IV.D(79)IV.D(80) |
| CM-14 | Signed Components | IV.A(36)IV.A(37)IV.A(39)IV.C(64)V(109)V(110) |
CP Contingency Planning
| Control | Name | FINMA Circular 2023/1 References |
|---|---|---|
| CP-01 | Policy and Procedures | IV.A(23)IV.E(87)IV.E(88) |
| CP-02 | Contingency Plan | IV.E(87)IV.E(88)IV.E(89)IV.E(90)IV.E(91) |
| CP-03 | Contingency Training | IV.E(92)IV.E(93) |
| CP-04 | Contingency Plan Testing | IV.E(94)IV.E(95)IV.E(96)IV.F(97) |
| CP-05 | Contingency Plan Update | IV.E(87)IV.F(98)IV.F(99) |
| CP-06 | Alternate Storage Site | IV.E(89)IV.E(90)IV.E(91) |
| CP-07 | Alternate Processing Site | IV.E(89)IV.E(90)IV.E(91) |
| CP-08 | Telecommunications Services | IV.A(28)IV.E(89)IV.E(90) |
| CP-09 | System Backup | IV.D(82)IV.E(89)IV.E(90)IV.E(91) |
| CP-10 | System Recovery and Reconstitution | IV.C(70)IV.D(71)IV.D(72)IV.E(89)IV.E(90) |
IA Identification and Authentication
| Control | Name | FINMA Circular 2023/1 References |
|---|---|---|
| IA-01 | Policy and Procedures | IV.A(23)IV.B.d(59)IV.B.d(60) |
| IA-02 | Identification and Authentication (Organizational Users) | IV.B.d(59)IV.B.d(60)IV.C(61) |
| IA-03 | Device Identification and Authentication | IV.B.d(59)IV.C(62) |
| IA-04 | Identifier Management | IV.B.d(59)IV.B.d(60) |
| IA-05 | Authenticator Management | IV.B.d(59)IV.B.d(60)IV.C(61) |
| IA-06 | Authentication Feedback | IV.B.d(59) |
| IA-07 | Cryptographic Module Authentication | IV.B.d(59)IV.C(63) |
IR Incident Response
| Control | Name | FINMA Circular 2023/1 References |
|---|---|---|
| IR-01 | Policy and Procedures | IV.A(23)IV.A(41)IV.C(70) |
| IR-02 | Incident Response Training | IV.A(41)IV.A(42)IV.C(70)IV.D(71) |
| IR-03 | Incident Response Testing | IV.A(41)IV.D(75)IV.D(76)IV.D(77) |
| IR-04 | Incident Handling | IV.A(41)IV.A(42)IV.A(43)IV.C(70)IV.D(71)IV.D(72) |
| IR-05 | Incident Monitoring | IV.A(41)IV.A(44)IV.C(66)IV.C(67) |
| IR-06 | Incident Reporting | IV.A(44)IV.A(45)IV.A(46)IV.B.a(47)IV.D(73)IV.D(74) |
| IR-07 | Incident Response Assistance | IV.A(41)IV.C(70)IV.D(71) |
| IR-09 | Information Spillage Response | IV.A(41)IV.A(43)IV.A(45)IV.A(46)IV.C(70)IV.D(71)IV.D(73)IV.D(74) |
MA Maintenance
| Control | Name | FINMA Circular 2023/1 References |
|---|---|---|
| MA-01 | Policy and Procedures | IV.A(23)IV.A(28)IV.A(36) |
| MA-02 | Controlled Maintenance | IV.A(28)IV.A(29)IV.A(36) |
| MA-03 | Maintenance Tools | IV.A(28)IV.A(29) |
| MA-04 | Nonlocal Maintenance | IV.A(28)IV.B.d(59)IV.C(62) |
| MA-05 | Maintenance Personnel | IV.A(28)IV.F(100)V(101) |
| MA-06 | Timely Maintenance | IV.A(28)IV.A(29)IV.E(89) |
| MA-07 | Field Maintenance | IV.A(28) |
MP Media Protection
| Control | Name | FINMA Circular 2023/1 References |
|---|---|---|
| MP-01 | Policy and Procedures | IV.A(23)IV.D(78)IV.D(79) |
| MP-02 | Media Access | IV.B.d(59)IV.D(78)IV.D(80) |
| MP-03 | Media Marking | IV.D(78)IV.D(79)IV.D(80) |
| MP-04 | Media Storage | IV.D(78)IV.D(81)IV.D(82) |
| MP-05 | Media Transport | IV.C(63)IV.D(78)IV.D(81) |
| MP-06 | Media Sanitization | IV.D(78)IV.E(83)IV.E(84) |
| MP-08 | Media Downgrading | IV.D(78)IV.D(79)IV.D(82)IV.E(83) |
PE Physical and Environmental Protection
| Control | Name | FINMA Circular 2023/1 References |
|---|---|---|
| PE-01 | Policy and Procedures | IV.A(23)IV.A(28) |
| PE-02 | Physical Access Authorizations | IV.B.d(59) |
| PE-03 | Physical Access Control | IV.B.d(59) |
| PE-04 | Access Control for Transmission | IV.C(62) |
| PE-06 | Monitoring Physical Access | IV.C(66) |
| PE-08 | Visitor Access Records | IV.C(66) |
| PE-09 | Power Equipment and Cabling | IV.A(28)IV.E(89) |
| PE-10 | Emergency Shutoff | IV.E(89) |
| PE-11 | Emergency Power | IV.A(28)IV.E(89) |
| PE-12 | Emergency Lighting | IV.E(89) |
| PE-13 | Fire Protection | IV.E(89) |
| PE-14 | Environmental Controls | IV.A(28)IV.E(89) |
| PE-15 | Water Damage Protection | IV.E(89) |
| PE-17 | Alternate Work Site | IV.E(89)IV.E(90) |
| PE-18 | Location of System Components | IV.A(28)IV.D(81) |
| PE-19 | Information Leakage | IV.C(63)IV.D(78) |
| PE-21 | Electromagnetic Pulse Protection | IV.A(28)IV.E(89) |
| PE-22 | Component Marking | IV.A(28) |
| PE-23 | Facility Location | IV.A(28)IV.E(89)IV.E(91) |
PL Planning
| Control | Name | FINMA Circular 2023/1 References |
|---|---|---|
| PL-01 | Policy and Procedures | IV.A(23)IV.A(24)IV.B.a(48) |
| PL-02 | System Security and Privacy Plans | IV.A(23)IV.A(24)IV.A(25)IV.B.a(48) |
| PL-03 | System Security Plan Update | IV.A(23)IV.A(25) |
| PL-04 | Rules of Behavior | IV.B.a(48)IV.B.a(49) |
| PL-05 | Privacy Impact Assessment | IV.D(78)IV.D(79) |
| PL-06 | Security-related Activity Planning | IV.A(23)IV.A(24)IV.B.a(48) |
| PL-09 | Central Management | IV.A(23)IV.A(24)IV.A(31) |
| PL-10 | Baseline Selection | IV.A(23)IV.A(25) |
| PL-11 | Baseline Tailoring | IV.A(23)IV.A(25) |
PS Personnel Security
| Control | Name | FINMA Circular 2023/1 References |
|---|---|---|
| PS-01 | Policy and Procedures | IV.A(23)IV.B.a(48) |
| PS-02 | Position Risk Designation | IV.B.a(48)IV.B.c(54) |
| PS-03 | Personnel Screening | IV.B.a(48)IV.F(100) |
| PS-04 | Personnel Termination | IV.B.d(59)IV.B.d(60) |
| PS-05 | Personnel Transfer | IV.B.d(59)IV.B.d(60) |
| PS-06 | Access Agreements | IV.B.a(48)IV.B.d(59) |
| PS-07 | External Personnel Security | IV.F(100)V(101)V(102) |
| PS-08 | Personnel Sanctions | IV.B.a(48) |
| PS-09 | Position Descriptions | IV.B.a(48)IV.B.d(60) |
PT Personally Identifiable Information Processing and Transparency
| Control | Name | FINMA Circular 2023/1 References |
|---|---|---|
| PT-01 | Policy and Procedures | IV.D(78)IV.D(79) |
| PT-02 | Authority to Process Personally Identifiable Information | IV.D(78)IV.D(79) |
| PT-03 | Personally Identifiable Information Processing Purposes | IV.D(78)IV.D(79)IV.D(80) |
| PT-04 | Consent | IV.D(78) |
| PT-05 | Privacy Notice | IV.D(78) |
| PT-06 | System of Records Notice | IV.D(78)IV.D(82) |
| PT-07 | Specific Categories of Personally Identifiable Information | IV.D(78)IV.D(79)IV.D(80) |
RA Risk Assessment
| Control | Name | FINMA Circular 2023/1 References |
|---|---|---|
| RA-01 | Policy and Procedures | IV.A(23)IV.B.a(48)IV.B.c(54) |
| RA-02 | Security Categorization | IV.B.c(54)IV.B.c(55)IV.D(78) |
| RA-03 | Risk Assessment | IV.B.c(54)IV.B.c(55)IV.B.c(56)IV.B.c(57)IV.B.d(58) |
| RA-04 | Risk Assessment Update | IV.B.c(54)IV.B.c(55) |
| RA-05 | Vulnerability Monitoring and Scanning | IV.B.c(54)IV.B.c(56)IV.B.c(57)IV.D(75)IV.D(76) |
| RA-06 | Technical Surveillance Countermeasures Survey | IV.B.c(54)IV.B.c(56)IV.B.c(57)IV.D(75)IV.D(76) |
| RA-07 | Risk Response | IV.A(38)IV.A(40)IV.A(42)IV.B.b(52)IV.B.c(53)IV.B.c(54)IV.B.c(55)IV.B.c(56)IV.B.d(58)V(101)V(107) |
| RA-08 | Privacy Impact Assessments | IV.B.c(54)IV.D(78) |
| RA-09 | Criticality Analysis | IV.A(42)IV.B.c(54)IV.B.c(55)IV.B.d(58)IV.E(88)IV.E(94)IV.E(95)IV.E(96)V(101) |
SA System and Services Acquisition
| Control | Name | FINMA Circular 2023/1 References |
|---|---|---|
| SA-01 | Policy and Procedures | IV.A(23)IV.A(36)IV.F(100) |
| SA-02 | Allocation of Resources | IV.A(23)IV.A(24)IV.A(25) |
| SA-03 | System Development Life Cycle | IV.A(28)IV.A(36)IV.A(37) |
| SA-04 | Acquisition Process | IV.F(100)V(101)V(102)V(103) |
| SA-05 | System Documentation | IV.A(28)IV.A(36) |
| SA-06 | Software Usage Restrictions | IV.A(28)IV.A(36) |
| SA-07 | User-installed Software | IV.A(36)IV.C(64) |
| SA-08 | Security and Privacy Engineering Principles | IV.A(28)IV.A(29)IV.B.d(59) |
| SA-09 | External System Services | IV.F(100)V(101)V(102)V(103)V(104) |
| SA-10 | Developer Configuration Management | IV.A(36)IV.A(37)IV.A(38)IV.A(39) |
| SA-11 | Developer Testing and Evaluation | IV.A(36)IV.A(37)IV.D(75)IV.D(76) |
| SA-20 | Customized Development of Critical Components | V(111)VI(112) |
| SA-21 | Developer Screening | IV.F(100)V(101)V(103)VII.A(113) |
| SA-23 | Specialization | IV.F(100)V(102)V(103) |
SC System and Communications Protection
| Control | Name | FINMA Circular 2023/1 References |
|---|---|---|
| SC-01 | Policy and Procedures | IV.A(23)IV.B.d(59)IV.D(78) |
| SC-02 | Separation of System and User Functionality | IV.C(62)IV.C(63) |
| SC-03 | Security Function Isolation | IV.C(62)IV.C(63) |
| SC-04 | Information in Shared System Resources | IV.D(78)IV.E(83) |
| SC-05 | Denial-of-service Protection | IV.B.d(59)IV.C(62)IV.C(65) |
| SC-06 | Resource Availability | IV.A(28)IV.A(29) |
| SC-07 | Boundary Protection | IV.B.d(59)IV.C(62)IV.C(63) |
| SC-08 | Transmission Confidentiality and Integrity | IV.C(63)IV.D(78)IV.D(81) |
| SC-09 | Transmission Confidentiality | IV.C(63)IV.D(78)IV.D(81) |
| SC-10 | Network Disconnect | IV.B.d(59)IV.C(61) |
| SC-11 | Trusted Path | IV.B.d(59)IV.C(63) |
| SC-12 | Cryptographic Key Establishment and Management | IV.C(63)IV.C(64) |
| SC-13 | Cryptographic Protection | IV.C(63)IV.C(64) |
| SC-14 | Public Access Protections | IV.B.d(59)IV.C(62) |
| SC-15 | Collaborative Computing Devices and Applications | IV.B.d(59)IV.C(62) |
| SC-16 | Transmission of Security and Privacy Attributes | IV.C(63) |
| SC-17 | Public Key Infrastructure Certificates | IV.C(63)IV.C(64) |
| SC-18 | Mobile Code | IV.B.d(59)IV.C(64) |
| SC-19 | Voice Over Internet Protocol | IV.C(62)IV.C(63) |
| SC-20 | Secure Name/Address Resolution Service (Authoritative Source) | IV.A(28)IV.C(62) |
| SC-21 | Secure Name/Address Resolution Service (Recursive or Caching Resolver) | IV.A(28)IV.C(62) |
| SC-22 | Architecture and Provisioning for Name/Address Resolution Service | IV.A(28)IV.C(62) |
| SC-23 | Session Authenticity | IV.B.d(59)IV.C(63) |
| SC-24 | Fail in Known State | IV.B.d(59)IV.C(61)IV.C(70)IV.D(71)IV.E(87)IV.E(89)IV.E(90) |
| SC-25 | Thin Nodes | IV.D(81) |
| SC-34 | Non-modifiable Executable Programs | IV.C(64)IV.D(72) |
| SC-37 | Out-of-band Channels | IV.C(63) |
| SC-38 | Operations Security | IV.D(81) |
| SC-40 | Wireless Link Protection | IV.C(63) |
| SC-42 | Sensor Capability and Data | IV.D(78) |
| SC-44 | Detonation Chambers | IV.C(64)IV.C(65) |
| SC-46 | Cross Domain Policy Enforcement | IV.B.d(59)IV.C(62) |
| SC-47 | Alternate Communications Paths | IV.C(62)IV.E(90) |
| SC-48 | Sensor Relocation | IV.B.d(59)IV.C(62)IV.C(66)IV.C(67)IV.C(68)IV.C(69) |
SI System and Information Integrity
| Control | Name | FINMA Circular 2023/1 References |
|---|---|---|
| SI-01 | Policy and Procedures | IV.A(23)IV.B.d(59)IV.C(66) |
| SI-02 | Flaw Remediation | IV.A(36)IV.B.c(56)IV.B.d(59)IV.C(64) |
| SI-03 | Malicious Code Protection | IV.B.d(59)IV.C(64)IV.C(65) |
| SI-04 | System Monitoring | IV.C(66)IV.C(67)IV.C(68)IV.C(69) |
| SI-05 | Security Alerts, Advisories, and Directives | IV.B.b(52)IV.B.c(53)IV.B.c(56) |
| SI-06 | Security and Privacy Function Verification | IV.D(75)IV.D(76) |
| SI-07 | Software, Firmware, and Information Integrity | IV.B.d(59)IV.C(64)IV.D(78) |
| SI-08 | Spam Protection | IV.B.d(59)IV.C(64) |
| SI-09 | Information Input Restrictions | IV.D(78)IV.D(80) |
| SI-10 | Information Input Validation | IV.D(78)IV.D(80)IV.E(84) |
| SI-11 | Error Handling | IV.A(41)IV.C(66) |
| SI-12 | Information Management and Retention | IV.D(78)IV.D(82)IV.E(83) |
| SI-13 | Predictable Failure Prevention | IV.A(28)IV.A(29)IV.E(89) |
| SI-14 | Non-persistence | IV.D(71)IV.D(72) |
| SI-16 | Memory Protection | IV.C(64)IV.C(65) |
| SI-18 | Personally Identifiable Information Quality Operations | IV.E(84) |
| SI-20 | Tainting | IV.D(80) |
| SI-21 | Information Refresh | IV.E(84) |
SR Supply Chain Risk Management
| Control | Name | FINMA Circular 2023/1 References |
|---|---|---|
| SR-01 | Policy and Procedures | IV.A(23)IV.F(100)V(101) |
| SR-02 | Supply Chain Risk Management Plan | IV.F(100)V(101)V(102)V(103) |
| SR-03 | Supply Chain Controls and Processes | V(104)V(105)V(106)V(107)V(108) |
| SR-04 | Provenance | V(109)V(110) |
| SR-05 | Acquisition Strategies, Tools, and Methods | IV.F(100)V(101)V(111)VI(112) |
| SR-06 | Supplier Assessments and Reviews | VII.A(113)VII.B(114) |
| SR-10 | Inspection of Systems or Components | VII.A(113)VII.B(114) |
| SR-12 | Component Disposal | IV.E(83) |