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Model Risk Management

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Model Risk ManagementVersion , August 2021 () Office of the Comptroller of the Currency Comptroller s Handbook Safety and Soundness Management (M) Earnings (E) Liquidity (L) Sensitivity toMarket Risk (S) Other Activities (O) Asset Quality(A) CapitalAdequacy(C) Version Contents 1 Risks Associated With the Use of 4 Strategic 6 Operational Risk ........................................ ........................................ ..................... 6 Reputation 7 Compliance 8 Credit Risk.

management should be commensurate with the extent and complexity of the quantitative tool used. Risk management for quantitative tools that do not meet the definition of a model described in the MRM Supervisory Guidance may be significantly less …

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