/Passle/59133a70b00e8008f022358f/MediaLibrary/Images/5cbf12b5989b6e0af83f8b5d/2023-01-20-14-51-33-003-63caaa75f636e91e34e37c4e.png)
Introduction The 1st of January 2022 marked the deadline for UK banks to be compliant with the European Banking Authority (EBA) roadmap...
/Passle/62614c1ef636ec022ca13e32/SearchServiceImages/2022-12-07-16-10-49-925-6390bb09f636e9177c65786a.jpg)
Reading time: 7-10 minutes Audience: Board members, senior executives, Basel programme leads, heads of regulatory reporting, heads of...
/Passle/59133a70b00e8008f022358f/MediaLibrary/Images/5cbf12b5989b6e0af83f8b5d/2022-11-22-10-59-10-777-637cab7ef636e90208769da3.png)
The Prudential Regulation Authority (PRA) recently issued a “Dear CRO” letter to firms in the asset finance sector, summarising thematic...
/Passle/59133a70b00e8008f022358f/MediaLibrary/Images/5cbf12b5989b6e0af83f8b5d/2022-09-05-13-10-19-399-6315f53bf636e91910b52bc0.png)
Introduction Our article A principled approach: Model Risk Management in the PRA’s spotlight highlighted the principles laid out in the...
The use of data driven analytics is rising and financial services firms are increasingly experimenting with advanced analytics and...
In our previous article, we presented a heuristic for optimal clustering of risk ranking scores in time series data, to achieve robust PD...
Audience: Chairs of Board Audit and Board Risk committees, CROs, CFOs, heads of model risk, model owners/sponsors, model developers,...
Summary One question that we are often asked, is how many grades should a probability of default (PD) calibration employ, under discrete...