Model Risk control
HN-MR-02 · Annual revalidation of production models
Weight 1.5 · Card Fraud Detection Engine · Model Risk Management Standard
Partial
Effectiveness
50%
weighted result
Last tested
2026-05-02
Next due
2026-11-02
Findings raised
1
Record a test result
The compliance score, category bar and asset score all update straight away.
- Category
- Model Risk
- Weight
- 1.5
- Asset
- Card Fraud Detection Engine
- Policy
- Model Risk Management Standard
Findings from this control
Other Model Risk controls
HN-MR-01Independent model validation before releasePassingHN-MR-03Model inventory completeness reconciliationPassingHN-MR-04Documented model assumptions and limitationsFailingMR-01Independent model validationPassingMR-02Challenger model benchmarkingPassingMR-03Performance monitoring thresholdsPartial