This article discusses the main steps of data preparation, which determine the required fields/attributes that represent the baseline for model development where relevant data quality controls are…
This article shows how machine learning techniques can boost model performance in terms of prediction accuracy and flexibility. These benefits may come with some setbacks: loss of interpretability…
Explore the journey of enhancing risk management practices in major banks through BCBS 239 compliance. Learn how the Basel Committee's data management framework aims to improve risk reporting and…
Practical Implementation and the ECB’s Guide
Key Areas Outlined in the ECB’s Guide on Climate-Related Risks
ECB's November 2020 guide on climate and environmental risks highlights 13 key areas,…
The European Banking Authority’s (EBA) Draft Guidelines on ESG Risk Management, issued in January 2024, usher in a significant shift in the banking sector’s approach to environmental, social and…
This article discusses one of the aspects of the new IORP II directive implementation - transparent communication. It outlines requirements regarding communication between funds and their members…