On-Demand Webinar

Models and Spreadsheets on the PRA’s Radar

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The PRA’s latest “Dear CEO” letter expressed disappointment that ‘section166’ reports had identified significant deficiencies in firms’ regulatory reporting processes. The PRA highlighted Governance, Control and Data issues, with a particular focus on the reliance on models and spreadsheets.

In this recorded webinar, experts from UK Finance, KMPG and Mitratech review the issues raised by the PRA in this letter as well as other recent model-risk related insights and market trends and suggest practical steps firms can take to address them. Learn how, by taking these steps, firms will establish a platform for greater transparency for other processes that rely on models and spreadsheets.

Speakers:

Henry Umney – Managing Director GRC Strategy | Mitratech
Simon Hills – Director, Prudential Policy | UK Finance
Robert Smith – Partner, Financial Risk Management | KPMG
Adam Tam – director, Model Risk Management | KPMG

Key discussion points of this webinar are:

Recap of Model Risk Management challenges
Understanding the weaknesses highlighted by the PRA
Practical steps to meet the Model governance requirements
Practical steps to meet the Spreadsheet control requirements

Key discussion points of this webinar are:

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