IRB survey: Could AI reshape internal ratings-based models?
ArticleSurvey insights into internal ratings‑based (IRB) models, regulatory challenges and the role of AI under Basel 3.1.
The Financial Conduct Authority (FCA) has published its Business Plan for 2023/24. This year the plan has a strong alignment with the FCA’s strategy, focusing on better outcomes for consumers and markets. The regulator will be accelerating its work in four areas over the next year: putting customers’ needs first; preparing financial services for the future; strengthening the UK’s position in wholesale markets; reducing and preventing financial crime.
David Morrey and Ben Farmer delve deeper into the FCA’s priorities and discuss what it means for businesses in the rest of the year and beyond.
Read our insight to uncover what the FCA business plan means for businesses
Survey insights into internal ratings‑based (IRB) models, regulatory challenges and the role of AI under Basel 3.1.
We unpack the FCA's motor finance redress scheme rules, and cover the regulators' operational incident and third-party reporting.
Stay up to date with our latest round up of financial regulation.