The German Banking Industry Committee has commented on a consultation of the EBA on machine learning for IRB models. In general, the GBIC would like to note that the algorithms underlying ML models and the data used are not per se more complex than in traditional methods.
The decisive factor is always the respective application case.
Full comments
BDB
© BDB - Bundesverband Deutscher Banken
Key
Hover over the blue highlighted
text to view the acronym meaning
Hover
over these icons for more information
Comments:
No Comments for this Article