Compliance Without Compromise

How banks can respond to Model Risk Management (SS1/23). Practically.

About this eBook

The PRA’s SS1/23 presents an immense shake up to model risk management (MRM). Given that non-compliance isn’t an option, how quickly can banks and building societies become compliant and drive the right outcomes for customers and shareholders?

We’ve produced this guide to show how you can swiftly become compliant with SS1/23, and draw wider strategic advantages from the new regulation. In particular, the guide covers:

  • The five key principles of SS1/23
  • How banks and building societies can infuse integrity throughout the model management lifecycle
  • The necessary steps for creating a unified ecosystem within banks beyond SS1/23
  • SAS MRM key features, and how the SAS can build compliance into your bank’s model management