RegStream

Raw view of specific publication

Become a member today and discover RegStream features

We strive to provide our clients with top notch tools to enable better compliance Start Now

Deputy Comptroller Testifies on Artificial Intelligence

News Release 2022-52 | May 13, 2022 Deputy Comptroller Testifies on Artificial Intelligence

WASHINGTON—Deputy Comptroller for Operational Risk Policy Kevin Greenfield today testified during a hearing before the House Financial Services Committee Task Force on Artificial Intelligence (AI). He discussed the Office of the Comptroller of the Currency’s (OCC) approach to responsible innovation and its supervisory expectations for banks’ use of AI, including regulatory compliance. Greenfield also discussed the OCC’s ongoing efforts to update the agency’s technological framework to support its bank supervision mandate. Related Links Media ContactStephanie Collins (202) 649-6870

Disclaimer: RegRadar is not endorsed nor affiliated with the source authority. This material does not constitute any advice. This material is machine translated and does not constitute an official translation by the source authority. Please note that the information can be obtained free of charge through the source website.