US bank regulators replaced SR 11-7; generative AI left out of new framework
According to Rahim Hirji, US bank regulators replaced the SR 11-7 model risk framework in April 2026, which is often cited as a ready-made precedent for AI governance. The new framework excludes generative AI, so it cannot be treated as a ready regulatory template.
Who is affected and how
- igazgatósági tag
- Do not rely on SR 11-7 as a template for overseeing generative AI.
Sources
- How will AI change accounting and audit? The oversight precedent that just excluded generative AI · Rahim Hirjithesuperskills.com · Aug 31, 2026
Machine-generated summary based on the titles and excerpts of the source articles. The facts come from the linked article.