Model Validation Consortium News Today

/PRNewswire/ -- Financial institutions face a number of risks as they speed up digitization and rely more heavily on new technology to influence lending and...

The Risk Management Association (RMA) announced today that 19 leading banks have formed the RMA Climate Risk Consortium (“The Consortium”), which will develop standards for banks to integrate climate risk management throughout their operations, preparing the industry to help economies transition to a low-carbon future.