Dbriefs Webcast

Special Edition | Model risk and investment management: Scrutiny is intensifying

Governance, Risk, & Compliance

October 31 | 2 p.m. ET | 18:00 GMT

Host: Peter Poulin, principal, Deloitte & Touche LLP
1 Overview CPE credit | Specialized Knowledge

In August 2018, the Securities and Exchange Commission announced charges against several entities for misconduct involving faulty investment models and ordered those entities to refund a significant amount to misled retail investors. These actions highlighted the increasing risks that models pose to investment managers. We’ll discuss:

  • Recent high-profile investment management model failures and lessons learned from the banking industry.
  • What a model is, what constitutes model risk, and the critical elements of a successful model risk management framework.
  • Steps investment managers should be taking now in anticipation of increased regulatory scrutiny.

Participants will hear what investment managers should consider as they develop policies and inventory their models.