FCA warns on third-party risk management for AI projects
UK regulator keeping close eye on use of cloud and vendor partnerships to develop new models
Source: risk.net
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Itaú Unibanco S A : ITAÚ UNIBANCO - PUBLIC ACCESS REPORT - CREDIT RISK MANAGEMENT AND CONTROL POLICY - Form 6-K -October 05, 2023 at 10:06 am EDT
Identify, measure, evaluate, understand and manage SAC Risks to keep exposures within the established limits, as well as document and store information regarding losses incurred in its activities. -...
Source: marketscreener.com
Machine learning hits explainability barrier
Banks hire AI industry experts in face of growing regulatory scrutiny
Source: risk.net
Nu : Notes to the Unaudited Interim Condensed Consolidated Financial Statements
SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K Report of Foreign Private Issuer Pursuant to Rule 13a-16 or 15d-16 of the... -Today at 05:20 pm- MarketScreener
Source: marketscreener.com
BoE model risk rule may drive real-time monitoring of AI
New rule requires banks to rerun performance tests on models that recalibrate dynamically
Source: risk.net