+1. Institutions should apply the validation principles in designing, testing and maintaining IRC …
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1. Institutions should apply the validation principles in designing, testing and maintaining IRC …
Institutions should apply the validation principles in designing, testing and maintaining IRC models. Validation should include evaluation of conceptual soundness, on-going monitoring that covers process verification and benchmarking, and outcomes analysis.
1. Overview
1.1 References
1.2 Identified Requirements
1.3 Related Standards
2. Identified Requirements
Requirements
| Source |
Requirement |
3. Related Standards
Standards
| Source |
Requirement |
- EBA - Published by the European Banking Authority at https://www.eba.europa.eu/
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