Supervisory Guidance on Model Risk Management¶
Board of Governors of the Federal Reserve System. (2011). Supervisory Guidance on Model Risk Management.
Cited by¶
1 citation across 1 artifact.
Each citation links to the sentence it supports in the citing article.
Mechanisms¶
- Review Trigger Register
- The register also carries the residual uncertainties being watched, such as "validated on pre-downturn data; behavior in a recession is unverified." Ongoing monitoring of this kind is exactly what model-risk supervisory guidance expects.
This sourceRequires ongoing model monitoring to verify performance and determine whether changing conditions call for adjustment, redevelopment, or replacement.
- The register also carries the residual uncertainties being watched, such as "validated on pre-downturn data; behavior in a recession is unverified." Ongoing monitoring of this kind is exactly what model-risk supervisory guidance expects.
Verification¶
Does it exist? Not checked yet. This entry carries no identifier to resolve. It was extracted from the citation as written in the article, normalized, and deduplicated against the rest of the registry.
Does it back the claim? Not recorded. The single citation of this work carries no recorded support check.
Support is checked per citation rather than per work — the same source can be cited soundly in one article and wrongly in another. Per-citation recording began recently, so a citation with no recorded check is a gap in the record rather than evidence it went unchecked.
See how references were verified.
Registry ID ref:0e3c8735b834 · see in the full table