Regulators around the world differ in their approach to model risk management (MRM) regulation – including their definitions of what a model is. While some are more prescriptive, others such as the UK ...

Risk models at Credit Suisse had flagged the dangers before their $5.5 billion Archegos loss. Silicon Valley Bank's risk metrics showed clear warnings before their collapse. In both cases, ...

The Reserve Bank of India has released a draft circular proposing a comprehensive risk management framework for AI and ...

Key insight: Joint guidance from the Federal Reserve and Office of the Comptroller of the Currency on managing model risk leaves many concerns about artificial intelligence, and especially agentic AI, ...

In the dynamic landscape of decentralized finance (DeFi), risk management is the bedrock upon which sustainable lending protocols are built. The challenge lies in finding the delicate balance between ...

Banks are rethinking liquidity management as regulation, technology and market dynamics reshape risk. Learn how banking execs are responding to the forces impacting liquidity while strengthening ...

Discover essential risk assessment methods, including qualitative and quantitative analyses, to make informed investment ...

With the 2011 standard now superseded, KDOA and its Model IQ platform help banking organizations map their model risk programs to the revised guidance, and govern the AI models the regulators ...

Societal efforts to understand and mitigate threats posed by hazards are often informed by complex disaster risk models. Despite research demonstrating the disproportionate effects of disasters on ...

Last year, I faced a harrowing experience that would change my perspective on healthcare forever. What began as an emergency surgery to combat a flesh-eating bacteria quickly turned into a nightmare.

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