TPRM
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Roundtable “Third Party Risk Management”
On May 7 I joined a roundtable on third party risk management hosted by the Alliance for Innovation Regulation (AIR) and the Consumer Bankers Association (CBA). We discussed a wide range of topics focused on the challenges of TPRM in today’s banking and technology landscape. Continue reading
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Essay on “AI and Category Errors”
Today the Forum on Financial Supervision at LSE’s Systemic Risk Centre published my essay, “AI and Category Errors“. In it, I pose the question: Is AI a model, software, or third party service? The answer matters because the risk management frameworks for each are quite different. Below is an excerpt. At regulated financial institutions, models,… Continue reading
Mike Hsu 