4 key principles of model risk management

PRA's 4 Key Principles of Model Risk Management

Cover

Many banks thought that they could achieve compliance by upgrading their Model Risk Management (MRM) policies. However, most have now recognized that they need a new policy, a central MRM team and systems to support them.

The experience of banks in countries already subject to the MRM regulation has shown that compliance creates a significant burden and can add millions in terms of direct and indirect costs if done poorly.

Download this white paper for guidance on setting up an MRM operating model that is both compliant and low costing.

By downloading this content, you agree that SAS Software Limited may (as a TechTarget Partner) contact you by email, phone or other means with information about its products and services. You can unsubscribe at any time by emailing SAS at privacyrights@sas.com. To learn more, please read SAS’s privacy statement available at www.sas.com/privacy

Vendor:
SAS
Posted:
31 Oct 2018
Published:
31 Oct 2018
Format:
PDF
Length:
14 Page(s)
Type:
White Paper
Language:
English
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