The ECB will simplify and speed up approvals for changes to banks’ internal credit risk models, making supervisory processes faster and easier.

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. The RTS on IM Model Validation has been crafted to ensure robust and ...

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. These amendments aim at simplifying the ICT risk management framework and ...