OCC / Federal Reserve / FDIC — Interagency Model Risk Management Guidance (April 2026, replacing SR 11-7)
Replaced the 2011 SR 11-7 model-risk guidance. Explicitly addresses AI/ML, third-party model risk, and ongoing monitoring. Federal floor for any bank or insured depository using AI in credit, fraud, AML, or any other model-driven decision. SR 11-7 was rescinded, not amended.
Not legal advice. This dataset is an aggregation of public regulatory text for informational purposes only. It is not legal advice and is not a substitute for counsel. Verify against the linked primary sources before relying on any row.
- Issuer
- OCC, Federal Reserve, FDIC
- Sector
- Lending / fintech
- Primary source
- Primary source ↗
- Row count
- 1 jurisdictions covered
Rows
| Jurisdiction | Status | Effective | Last verified | Summary | Source |
|---|---|---|---|---|---|
| Federal | Adopted | 2026-04-01 | 2026-07-08 | In April 2026 the OCC, Federal Reserve, and FDIC jointly replaced the 2011 SR 11-7 model-risk guidance with updated interagency guidance that explicitly addresses AI/ML, third-party model risk, and ongoing monitoring. The new guidance is the federal floor for any bank or insured depository using AI in credit, fraud, AML, or any other model-driven decision. SR 11-7 itself was rescinded, not amended. | Primary source ↗ |