Learn about the Merton Model for evaluating corporate credit risk, developed by Robert Merton in 1974, and used by analysts ...
Joint guidance from the Federal Reserve and Office of the Comptroller of the Currency on managing model risk leaves many ...
The revised guidance creates an opportunity for institutions to rethink their model risk strategies. The first priority is ...
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 ...
On September 11, 2025, as part of its quarterly release of regulatory changes, the Office of the Superintendent of Financial Institutions Canada (OSFI) published its final version of Guideline E-23 ...