Transcription of 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 .. 9 Liquidity Risk .. 9 Interest Rate 10 Price 10 Risk Management ..12 Governance .. 13 Board and Management Oversight.
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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