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Is AI a recognized risk?

Answered by: 

Question: 
Will examiners be reviewing AI in exams?
Answer: 

Absolutely! That is, when the time comes. The OCC has stated banks need to identify, measure, monitor, and control risks that evolve from the use of AI. So your bank needs to understand where AI is being used first, and that means in-depth involvement and recognition to then include all pertinent departments including compliance.

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Learn more about Andy Zavoina's AI vs CI, Coordination or Collision webinar.

First published on 02/04/2024

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