Policy for Credit Unions
This document informs staff on the framework for the appropriate and effective management of the IT equipment with in an organisation – Information Systems Asset Management. This framework is for the full lifecycle of the equipment, from purchasing to disposal. It is one of the primary policies in use in credit unions, required by Section 55 (1) (o) (xi) of the credit union Act 1997 (as amended) (“the Act”) and the Credit Union Act 1997 (Regulatory Requirements) Regulations 2016 (“the Regulations”).
This policy applies to all students, staff and other associates of the organisation, including agency staff, contractors, partner organisations, suppliers and customers, who request or hold IT equipment purchased by or on behalf of the institution.
The output of an IT Asset Management Policy is an asset register.
This allows the manager or IT administrator to track and monitor all IT Equipment on the site. As shown, it details the device name, type and the main details for it. Included is the purchase date to allow for lifecycle management.
Sample Information Systems Asset Management Policy
