Coforge | Blog | SR11-7: A comprehensive guide to AI adoption and model risk management in banks
Coforge
DECEMBER 6, 2023
However, the adoption of AI in banking is not without its challenges, particularly in terms of regulatory compliance. One such critical framework is SR11-7, a supervisory guidance issued by the Federal Reserve (Fed) and the Office of the Comptroller of the Currency (OCC) in 2011.
Let's personalize your content