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The Federal Reserve Board on Friday announced the formation of the Model Validation Council
Date: 4-22-2012   Visits: 761

 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 rigorously assess the models used in stress tests of banking institutions. In addition, the Federal Reserve announced it will host a two-day symposium to discuss best practices in stress testing. 

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