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Regulators/United States
🇺🇸OCC · United States

Office of the Comptroller of the Currency

The US federal agency that charters, regulates, and supervises national banks and federal savings associations.

Its role in AI governance

The OCC supervises national banks' use of AI through its model risk management and third-party risk management frameworks, expecting sound governance over how AI and machine-learning models are developed, validated, and overseen. It participates in the interagency model risk guidance that shapes how US banks govern algorithmic decision-making.

Official source
www.occ.gov
Verify current requirements at the primary source.
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AI Governance in US Financial Services: Fed SR 11-7, OCC, CFPB, and the Emerging Federal Framework

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