T/ZFIDA 0003-2023 Guidelines for building a risk management system for models in the digital economy
Main technical content: With the rapid development of fintech, the model risks faced by financial institutions are becoming increasingly complex and diverse. To address this challenge, establishing a model risk management system that meets regulatory standards has become a necessary choice. This article will analyze in detail the significance of this initiative, including meeting regulatory requirements, improving risk management levels, enhancing market competitiveness, and promoting the healthy development of the industry.