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Date: 10-21-2014   Visits: 2147 Best Practice Model Validation for Stress-Testing, Value at Risk, and Credit VARLast Friday, the Federal Reserve decried banks’ reliance on poor risk models as one of the major problems that has been exposed by the stress testing process under the Fed’s Comprehensive Capital Anal...
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Date: 4-22-2012   Visits: 408 The Federal Reserve Board on Friday announced the formation of the Model Validation Council The Federal Reserve Board on Friday announced the formation of the Model Validation Council, which will provide the Federal Reserve with expert and independent advice on its process to rigorousl...
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