Special Edition | Model risk and investment management: Scrutiny is intensifying Bookmark has been added
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.