All Strategic Objectives face the question of risk / reward - "what and how significant are the key uncertainties and should we go ahead"? Risk Management can add value to this process, using a structured approach to highlight key uncertainties and required actions, before the decision to go ahead, and with subsequent updates as needed. For each potential Strategic Objective: determine deliverables, scope, methods, timelines and metrics identify the key risks before committin

Models (including artificial intelligence / machine learning models) are receiving increased attention. More diverse data sources, complex techniques and a broad range of use cases suggest greater inherent risk, that need to be mitigated. To be applied on a risk basis, Guideline E-23 comes into effect in May 2027. The Guideline covers the following: Enterprise-wide model risk management Reporting structures and resourcing Model risk management framework (aligning with strat

Ethidex supports more than 100 clients in Canada in achieving regulatory compliance. Ethidex provides: Regulatory content Modules (provided and updated by law firms) A web application Client training, support and consulting services For Payment Service Providers (PSPs) and Money Services Businesses (MSBs), Ethidex provides core Regulatory Content Modules covering topics such as: RPAA and the related Regulations AML Privacy Our web application provides access to users to: use

OSFI looks to ensure critical operations continued to be delivered through disruptions and expects organizations to: identify critical...