How often is the BancPath Model Certified?

Although there is no regulatory requirement on a time frame for certification, it is generally accepted that the model should be validated whenever there is a "significant" change to the modeling process. AMG is currently comitted to updating the certification on a regular basis (annually), however we reserve the right to modify that schedule as needed. We do comitt however, that we will always provide the most recent Model Certification in the Addednum to your BancPath Reports.

Tags: Certification, Governance, Model Certification, Model Validation, Review, Validation