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ME3.2 - Optimisation of Response to External Requirements

This topic is intended to enable collaboration and sharing of information to facilitate a better understanding and approach to implementing this COBIT control objective based on the risk, value and guidance provided by its corresponding control practices.

COBIT Control Objective ME3.2 - Optimisation of Response to External Requirements is contained within Process Popup Ensure Compliance With External Requirements.

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Optimisation of Response to External Requirements

Review and adjust IT policies, standards, procedures and methodologies to ensure that legal, regulatory and contractual requirements are addressed and communicated.

View value and Risk Drivers  help

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Value Drivers

  • Support of the enterprise’s compliance with applicable laws and regulations through the use of standards and methodologies
  • Policies regularly reviewed and aligned with the organisation’s objectives
  • Improved personnel awareness of legal and regulatory compliance requirements
  • Increasing process performance in relation to compliance with laws and regulations
  Risk Drivers
  • Non-compliance areas not identified
  • Outdated compliance requirements remaining in effect
  • Policies failing to meet the enterprise’s compliance needs
  • Personnel unaware of procedures and practices to comply with legal and regulatory requirements

View Control Practices  help

Hide Control Practices  help

  1. Review and revise, as necessary, the policies, standards, procedures and methodologies to ensure compliance with legal and regulatory requirements.
  2. Regularly review policies, standards, procedures and methodologies for their effectiveness in ensuring necessary compliance using internal and external experts.
  3. Obtain expert independent advice, where appropriate, on policies, standards, procedures and methodologies content and implementation.
  4. Communicate new and changed requirements to all relevant personnel.

 

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Volume 2, 2019
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Quality evidence collected during the audit process enhances the overall quality of the work performed and significantly reduces audit risk.
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by Vasant Raval, CISA, DBA
A cohesive effort on all fronts by the community of organizations could lead to best practices, benchmarks and even accreditation standards in the arena of information ethics.
Volume 3, 2012
by Tommie W. Singleton, Ph.D., CISA, CGEIT, CITP, CPA
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