The FDIC said Friday the revised guidance clarifies that model risk management should be tailored to the size, complexity and model risk profile of a banking organization. The guidance highlights ...

Elite Model Management USA is introducing insurance for models, a first in the industry. Health-care access and coverage will be made available to all models represented by Elite Model Management USA ...

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 ...

July 1, 2025 marks the scheduled implementation date for the forthcoming regulatory adjustments. Since its launch in September 2017, the Office of the Superintendent of Financial Institutions (OSFI) ...

Although executives often talk of new business models, the more important challenge in business today is understanding and embracing a new management model. Most executives still don’t know the ...