prevent the presentation for Lodgment with the Registrar or Land Registry of Registry Instruments or other electronic Documents which the Subscriber advises the ELNO may be affected by the Compromise of the Security Items or Digitally Signed without the authority referred to in paragraph (b) above; or if it is not possible to prevent the presentation for Lodgment, immediately notify the Registrar. The ELNO must ensure that it does not do anything that is likely to diminish the overall security and integrity of the Titles Register or public confidence in the Titles Register. Mitigate Risk The ELNO must: establish, implement, operate, monitor, review, maintain and keep current a documented Risk Management Framework that is Fit for Purpose to enable the identification, mitigation and management of risks in its operation of the ELN; and have its Risk Management Framework regularly reviewed by an Independent Expert and implement, as a minimum, any Essential Recommendations of that Independent Expert. No Increased Risk of Fraud or Error Without limiting any other obligation under these Operating Requirements, the ELNO must use reasonable endeavours to ensure that the use of the ELN for the presentation for Lodgment of Conveyancing Transactions with the Registrar does not result in a greater risk of fraud or error in those Conveyancing Transactions compared to the risk of fraud or error for comparable Conveyancing Transactions Lodged in a paper medium. The ELNO must ensure that the ELN meets the minimum requirements determined by the Registrar, which must include as a minimum the requirements set out in this clause. Functionality The ELNO must ensure that the ELN:
4.6 Organisational resources No Change Certification or updated Document and Self-Certification as required under Category One 4.7.1, 4.7.3 & 4.7.4 Insurance conditions Insurance policies 4.7.2 & 4.7.5 Insurer and insurance levels Compliance with requirements in clauses 4.7.2 & 4.7.5 5.1 Widespread use No Change Certification or updated Document as required Category One 5.3(d) Licences and regulatory approvals No Change Certification or updated Self-Certification as required under Category One 5.3(e) Pricing policy Pricing Policy 6 Initial testing Test Plan 7 System security and integrity Information Security Management System (ISMS) ISMS Fit for Purpose 9.1 Mitigate risk Risk Management Framework (RMF) RMF Fit for Purpose 10.1(b) Minimum system requirements: Adaptability Compliance with requirements in clause 10.1(b) 12 Business Continuity & Disaster Recovery Business Continuity and Disaster Recovery Program (BCDRP) BCDRP Fit for Purpose 13 Change Management Change Management Framework (CMF) 14.1 Subscriber registration Subscriber Registration Process 14.4 Subscriber insurance Documented process to ensure current Subscriber insurance obtained and retained
9.1 Mitigate risk RMF: No Change Certification or updated Document as required Category Two RMF Fit for Purpose 9.2 Risk of fraud or error Use of ELN does not result in greater fraud or error 10.1(b) Minimum system requirements: Adaptability No Change Certification a No Change Certification cannot be given, an Independent Certification as required under Category Two 11 Minimum performance levels Performance to measures in Schedule 2 12 Business Continuity & Disaster Recovery BCDRP: No Change Certification or updated Document as required under Category Two BCDRMP Fit for Purpose 13 Change Management No Change Certification or updated Document as required under Category Two 14.1 Subscriber registration Subscriber Registration Process compliant with clause 14.1 14.4 Subscriber insurance No Change Certification or updated Document as required Category Two 14.5 Participation agreement No Change Certification or updated Document as required Category Two 15.1 General compliance Compliance with all requirements