Best Practice: MRM Framework (SR 11-7) Guide
Learn how to develop or further enhance a model risk management (MRM) framework that aligns to SR 11-7 supervisory guidance.
MRM Framework – SR 11-7
This guide aims to inform banks that do not have a fully developed model risk management (MRM) framework or for those looking to enhance an existing framework. It aligns to SR 11-7 guidance with examples of how technology can enable the framework.