Monetisation risk and SOC 2 report: Difference between pages

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imported>Doug Williamson
(Create the page. Source: PRA SS 24/15.)
 
imported>Doug Williamson
(Create page. Sources: The Treasurer, Cash Management Edition April 2019 p36 & IS Partners webpage https://www.ispartnersllc.com/blog/soc-1-soc-2-reports-difference/)
 
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''Liquidity and funding risk in banks.''
''Information technology - standards.''


The liquidity risk arising from being unable to monetise assets under conditions of stress.
SOC 2 is an abbreviation for Service Organisation Controls 2.
 
 
The SOC 2 report addresses a service organization’s controls that relate to operations and compliance, in respect of availability, security, processing integrity, confidentiality and privacy.
 
A SOC 2 report includes a detailed description of the service auditor’s test of controls and results.




== See also ==
== See also ==
* [[Liquidity]]
* [[Information security management system]]
* [[Liquidity risk]]
* [[Internal control]]
* [[Monetisation ]]
* [[ISO 27001]]
* [[Stress]]
* [[Risk management]]
* [[Security]]
* [[SOC 1 report]]
 
[[Category:Accounting,_tax_and_regulation]]
[[Category:The_business_context]]
[[Category:Technology]]

Revision as of 18:36, 19 April 2019

Information technology - standards.

SOC 2 is an abbreviation for Service Organisation Controls 2.


The SOC 2 report addresses a service organization’s controls that relate to operations and compliance, in respect of availability, security, processing integrity, confidentiality and privacy.

A SOC 2 report includes a detailed description of the service auditor’s test of controls and results.


See also