Welcome to FinTalk, the leading podcast in Financial Services that addresses the most pressing topics in the banking and regulatory reporting industry.
In this episode, our host Jawad Akhtar is joined by renowned industry experts Rheta Du Preez and Rogan Pietersen from Monocle Solutions. Together, they delve into the intricacies of Model Risk Management and its impact on the banking sector.
This episode of FinTalk covers:
Understanding Model Risk Management as part of Supervisory Statement 123
The role of governance and Senior Management Functions (SMF) in model risk management
The importance of a smart, risk-based approach to compliance
Future implications of model risk management, including the advent of ESG regulations