SR 11-7 is gone. On April 17, 2026, federal banking agencies replaced it with SR 26-2 — a principles-based model risk framework that eliminates annual revalidation cycles and introduces formal materiality tiering. Here is what changed and what banks must do now.
The AI compliance perimeter for U.S. fintech companies expanded sharply in 2026. Here is what the Treasury FS AI RMF, CFPB fair lending rules, and NYDFS cybersecurity regulation mean for your compliance program.
The regulators just told you the dominant risk framework for model governance doesn't cover the AI systems your institution is now deploying. Here's what to do about it.
In February 2026, Treasury released the most consequential AI governance document the financial sector has seen. Most bank technology leaders haven't acted on it yet. That window is closing.
