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 ...

A new model for governance and risk management issued Monday by the Institute of Internal Auditors (IIA) makes major updates to the Three Lines of Defense model that has been popular for years. Called ...

Risk management is the process of identifying, analyzing, and mitigating uncertainties and threats that can harm your company or organization. No business venture or organizational action can ...

A new study has unveiled one of the most accurate corporate credit risk forecasting models to date. This study is a result of collaboration among quantitative finance experts from data and AI leader ...

There always has been a level of risk in the activities and functions of a university. Changing external and internal environments affect the way we now think about and manage risks. For example, we ...

The creation of an ongoing cyber risk management process, aligned with the governance of the information security management process, is a premise that ensures the survival of the organization. Here, ...

Chemical regulations exist to safeguard human and environmental health throughout a substance’s life cycle (manufacture, intended use phase, and disposal). Regulatory decisions require scientific ...

Moody’s Corporation (NYSE:MCO) announced today that the Moody’s RMS U.S. Wildfire Model v2.0 has successfully completed the review process established by the California Department of Insurance (CDI).