OCC Requires Examiners Not to Treat AI as a Standalone Risk

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OCC requires bank examiners to incorporate AI into banks’ existing risks rather than establish separate risk categories or limits, and has issued a regulatory framework for the use of AI by large national banks. Examinations will be conducted based on how AI is used, as well as the bank’s size and complexity, with a focus on assessing the harm that potential failures could cause; for AI agents capable of autonomously initiating payments, banks may need to restrict their permissions or maintain close human involvement.