AML and Sanctions Model Validation: Regulatory Requirements and Best Practices | Stout

Webinar | June.09.2020 | 12pm - 1pm (Eastern Standard Time)

This session discussed:

  • Regulatory requirements and guidance
  • Model definition and how it applies to AML and sanctions systems
  • Model risk management principles
  • Model components
  • Model validation – deeper dive
    • Components of a validation
    • Model validation process
    • Best practices and lessons learned
    • Recent developments – Data analytics & AI
  • Regulatory expectations, feedback, opportunities for improvement
  • Model owner's perspective – getting the most out of model validations