Establishing Model Risk Management
Committee of Chief Risk Officers
First Publication March 2025
THE COMMITTEE OF CHIEF RISK OFFICERS (“CCRO”) GRANTS USERS A REVOCABLE, LIMITED, NON-
EXCLUSIVE, NON-SUBLICENSEABLE, NON-TRANSFERABLE LICENSE TO REPRODUCE THIS DOCUMENT
SOLELY FOR INTERNAL, NON-COMMERCIAL AND EDUCATIONAL PURPOSES. ALL OTHER RIGHTS ARE
RESERVED BY THE CCRO. WITHOUT LIMITING THE FOREGOING, THE CCRO DOES NOT CONSENT TO THE
REPRODUCTION OF ANY OF ITS DOCUMENTS FOR PURPOSES OF PUBLIC DISTRIBUTION, SALE OR ANY
OTHER COMMERCIAL USAGE. ATTRIBUTION TO THE CCRO, AS THE COPYRIGHT OWNER, IS REQUIRED IN
ALL CASES.
Committee of Chief Risk Officers
First Publication March 2025
THE COMMITTEE OF CHIEF RISK OFFICERS (“CCRO”) GRANTS USERS A REVOCABLE, LIMITED, NON-
EXCLUSIVE, NON-SUBLICENSEABLE, NON-TRANSFERABLE LICENSE TO REPRODUCE THIS DOCUMENT
SOLELY FOR INTERNAL, NON-COMMERCIAL AND EDUCATIONAL PURPOSES. ALL OTHER RIGHTS ARE
RESERVED BY THE CCRO. WITHOUT LIMITING THE FOREGOING, THE CCRO DOES NOT CONSENT TO THE
REPRODUCTION OF ANY OF ITS DOCUMENTS FOR PURPOSES OF PUBLIC DISTRIBUTION, SALE OR ANY
OTHER COMMERCIAL USAGE. ATTRIBUTION TO THE CCRO, AS THE COPYRIGHT OWNER, IS REQUIRED IN
ALL CASES.
