Concept
Operational Resilience
The ability of a financial institution to maintain critical business operations and recover quickly in the face of disruptive events. It is a key focus of financial regulation.
Timeline (last 90 days)
Nov 8
The guidance specifies six areas in which banks must demonstrate 'active controls': AI model risk management, data governance, explainability, third-party AI dependency, operational resilience, and consumer protection.
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