सभी किताबें

पेशेवर

ऐप्स परिचय Coach लॉग इन पढ़ना शुरू करें

Quantitative Finance · शब्दावली

Three lines of defence क्या है?

Definition 26.4 Rates, Credit, XVA and Risk · अध्याय 26 — Model Risk and Validation

The three lines of defence assign model risk to the model’s owners and users (first line: development and use), to an independent risk function (second line: validation and oversight) and to internal audit (third line: assurance that the framework works).

अध्याय में पढ़ें →