Instructions to complete ICAAP data return

News Financial services English Guidance

Date: 3rd Sep, 2024 Source: Office of the Superintendent of Financial Institutions Country: Canada Original Source

Brief

710 Model Risk The risk of adverse financial (e.g., capital, losses, revenue) and reputational consequences arising from the design, development, implementation and/or use of a model. It can originate from, among other things, inappropriate specification; incorrect parameter estimates; flawed hypotheses and/or assumptions; mathematical computation errors; inaccurate, inappropriate, or incomplete data; inappropriate, improper or unintended usage;

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Instructions to complete ICAAP data return

Brief

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Instructions to complete ICAAP data return

Brief

Office of the Superintendent of Financial Institutions

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