US bank regulator issues first-ever AI guidance for examiners

US bank regulator issues first-ever AI guidance for examiners

By Pete Schroeder WASHINGTON, Nov 4 (Reuters) - Big bank supervisors should monitor how lenders use artificial intelligence but should not treat it as distinct from other ​risks, according to new regulatory guidance issued on Wednesday, ‌as authorities...

US Bank Regulator Issues First AI Framework as Banks Battle Rogue Agents

The OCC's first examiner guide weighs autonomy and financial harm, and directly addresses outside AI agents—the same risk that recently prompted major banks to restrict customer-account access.

OCC tells examiners AI isn’t a separate risk

The Office of the Comptroller of the Currency (OCC) told its bank examiners on Wednesday not to treat artificial intelligence as a distinct risk.  The OCC has also issued what it called its first framework for supervising how large national banks use the technology. What did the OCC tell examiners to do? On Wednesday, the Office of the Comptroller of the Currency (OCC) told examiners to treat AI as part of the risks a bank already faces instead …

OCC Releases Supervisory Framework for Bank AI Use

The OCC has issued a supervisory framework designed to support the regulator’s examiners when they evaluate banks’ use of AI.

OCC Issues First-Ever AI Examiner Guidance for U.S. Banks

The Office of the Comptroller of the Currency (OCC) issued its first formal guidance instructing bank examiners on how to evaluate artificial intelligence deployments across U.S. financial institutions. The framework specifies that examiners should not treat AI as an entirely distinct risk category or focus heavily on the underlying technical sophistication of models; instead, they […]