Journal of
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Archive » July - August 2015 » Model risk management, framework and policies

Model risk management, framework and policies

Daniela De Pieri
July - August 2015 - n. 7/8
Jel codes: G21, G28

The increasing use of models to support decision making and operational decisions and to ensure regulatory compliance can expose banks to model risk, caused by misuse or improper use of the models results. This involves the need for banks to adopt appropriate policies for its management

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