Strengthening the Rules on Model Risk Governance. What to Expect and What Will this Mean for Oversight and Transparency?

In this informative exchange between Fion Lee Madan, COO, Fairly.AI, Debora Bielecki, Independent Board Member and AI Governance Expert and Romana Mizdrak, Managing Director, Model Risk Division at OSFI you will hear:

• The path OSFI has taken to inform themselves ahead of new model risk guidance (E23) expected in March 2022
• The challenges and best practices the participants have encountered in operationalizing AI in their individual practices
• Debora speak on  the importance of strengthening Board governance to effectively steward into an AI-based future

This session took place at CRTA's annual event:  The Innovation Game: Adopting RegTech in a Digital Age on November 16, 2021. The replay was posted on Dec 14, 2021 and will be available for a limited period