Insurance broker Willis, a WTW business, has launched a specialised, forward-looking risk management model designed to ...
SEATTLE--(BUSINESS WIRE)--The latest set of AI guidance from the Cloud Security Alliance (CSA), the world’s leading organization dedicated to defining standards, certifications, and best practices to ...
While the Federal Deposit Insurance Corporation (FDIC) updated its model risk management guidelines in June 2017, under FIL-22-2017, it has taken time for the full implications of the changes to ...
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--H2O.ai, the leader in open-source Generative AI and the most accurate Predictive AI platforms, today announced the industry's first Model Risk Management (MRM) ...
A phased guide to AI governance in cloud-native systems, aligning ISO 42001:2023 and NIST AI-RMF with lifecycle controls, ...
The PRA’s new supervisory statement extends banks’ model risk management obligations “across all models” - not just capital and stress testing. What steps must banks take to comply? Despite last ...
This past June 2022, the Prudential Regulation Authority (PRA) released its Supervisory Statement (SS) on their expectations for banks’ model risk management. Just like the US supervisory guidance ...
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 ...
Christian is the CEO and Co-Founder of risk3sixty. As a cybersecurity expert, he has overseen more than 2000 engagements. There’s a common misconception floating around that companies are behind when ...
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