Post by SUPERWISE®
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Did you know the rulebook that has governed bank model risk since 2011 no longer exists? On April 17, 2026, the OCC, Federal Reserve, and FDIC jointly rescinded SR 11-7. Fifteen years of supervisory guidance, replaced in a single announcement. Here's what most people are missing: this is not the headline. This is the warm-up. The same three agencies have announced plans to issue a request for information specifically on AI, covering generative AI, agentic AI, and AI-based models used in banking. Translation: the agencies just cleared the table. AI-specific model governance is what they are setting it for next. If your model risk program was built around 2011-era expectations, you are not behind on compliance yet. But you are about to be, the moment that RFI lands. The institutions that win this cycle will be the ones who treat governance as infrastructure now, not as a response to the next bulletin. Get ahead of the compliance ➡️ https://superwise.ai/