FMSB Senior Technical Specialist Ted MacDonald highlights the potential for risk and accounting professionals to play a significant role in raising standards of conduct and culture in the banking sector in his preface to: Risk cultures and banking: where next? Read Ted’s preface and the full publication: Risk cultures and banking: where next?
FMSB issues final Statement of Good Practice for the application of a model risk management framework to electronic trading algorithms
Financial Markets Standards Board (FMSB) today launches its final Statement of Good Practice for the application of a model risk management framework to electronic trading algorithms. Sophisticated modelling techniques used for calculating trading risk and required...