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Model risk management Building supervisory confidence The model is the logical embodiment of the half-truth, There is nothing new under the sun ; the rules for applying it cannot neglect the equally significant half-truth, History never repeats itself. Milton Friedman, Essays in Positive Economics, The University of Chicago Press, 1953 Model risk management | Building supervisory confidence Contents Introduction Regulation and supervision of models Organization, governance, and senior management Brookings , models by the board , models across the organization , management and its regulation , models in the financial , deloitte can help deloitte , models used in internal , firm using the model , models why are supervisors , supervisor that all models , management and the risk , model use and managemen 27-Oct-2021 auto-generated