Download Ss123 2022 Zip Online

Firms must maintain a complete inventory of all "models" in use.

Models must undergo rigorous testing during development to ensure they are fit for purpose. Download Ss123 2022 zip

The SS1/23 Supervisory Statement (published in May 2023, following consultations in 2022) focuses on five core principles to ensure firms identify, assess, and mitigate risks from quantitative models: Firms must maintain a complete inventory of all