Search

Reset
Displaying 10 of 35 results
Principle four – Banks undertake appropriate model validation and independent review activities to ensure sound model performance and greater understanding of model uncertainties
Alistair Hynd

01 November 2018

As with the other three principles, the PRA gives sound, common sense guidance overall but leaves a lot of practical matters untouched and questions unanswered.

The key elements of financial modelling

16 October 2018

About two years ago, we published the second edition of our best practice guide to financial modelling with the ICAEW. It focuses primarily on spreadsheet-based, time-series centred, financial forecasting models. Though with a little imagination, the principles can be more widely applied.

Principle three – Banks have implemented a robust model development and implementation process to ensure appropriate use of models
Jonathan Pepper

25 September 2018

Have you got a robust model development and implementation process and can you demonstrate it to the regulator?

Principle two – Firms should have an effective governance framework, policies, procedures and controls to manage their model risk
Jonathan Pepper

15 August 2018

As with all risks within a financial institution, model risk requires a framework within which it should be managed. This involves robust governance, policies, procedures and controls in place to manage model risk. At all levels of the organisation, those involved in creating, using, overseeing and controlling models have a part to play.

Model risk

03 August 2018

PRA supervisory statement on model risk in stress testing for financial services organisations. How to comply, what are the principles and what do you need to do?

The PRA’s model risk management principles – Principle one
Jonathan Pepper

27 July 2018

PRA supervisory statement on Model risk in stress testing for financial services organisations. How to comply, what does principle 1 mean for you what do you need to do?

Infrastructure action plan – but do we have the capability to deliver it?
Alistair Hynd

11 July 2018

The National Infrastructure Commission today published the first National Infrastructure Assessment which sets out a plan of action for the UK’s infrastructure over the next 30 years, ranging from transport, energy, water to digital technologies, waste and funding – urging the UK to take decisive action.

Model risk in stress testing
Jonathan Pepper

29 June 2018

PRA supervisory statement on model risk in stress testing for financial services organisations. How to comply, what are the principles and what do you need to do?

Top tips to avoid uncertainty during an M&A transaction
Alistair Hynd

06 November 2017

In a deal, models can amplify or dampen uncertainty. Here are 10 key considerations to help mitigate against unpredictability.

Models for uncertain times
Alistair Hynd

06 November 2017

Political and economic upheaval means greater uncertainty when looking at M&A. Alistair Hynd explains how robust financial models can help manage the unpredictable when transacting.

Pages