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Partners in Risk Management

A specialist risk management consultancy combining decades of banking experience with academic excellence

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The PRA’s Supervisory Statement SS1/23 on Model Risk Management

The PRA (Prudential Regulation Authority) has released its initial Supervisory Statement on model risk (SS1/23) as a follow-up to the June 2022 Consultation Paper (CP6/22).

Avoiding the Everyday Obstacles of Model Validation

While working with our clients we often see the challenges and traps that they face implementing Model Risk Management (MRM) frameworks.