SR 11-7
SR 26-2 replaces SR 11-7 and leaves generative AI and agents out of scope
US bank regulators have replaced the 2011 model risk management guidance SR 11-7 with SR 26-2, which explicitly places generative and agentic AI outside its scope.…
US Bank Model Risk Guidance Drops Generative AI, Leaving Testing Ownership Unclear
The US bank model risk guidance that replaced SR 11-7 in 2026 places generative AI and AI agents outside its scope, but banks' legal obligations around those systems…