55. Institutions should have adequate model documentation that covers: a. methodology, assumptions …

Institutions should have adequate model documentation that covers:

• a. methodology, assumptions and data inputs, and an approach to detecting and preventing bias and ensuring the quality of input data;
• b. the use of model outputs in the decision-making process and the monitoring of these automated decisions on the overall quality of the portfolio or products in which these models are used.

4.3.5 Environmental, social and governance factors

1. Overview

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

3. Related Standards

• EBA - Published by the European Banking Authority at https://www.eba.europa.eu/