Request for Information and Comment on Financial Institutions’ Use of Artificial Intelligence, Including Machine Learning
Consultation published by the Board of Governors of the Federal Reserve System, Bureau of Consumer Financial Protection, Federal Deposit Insurance Corporation, National Credit Union Administration, and Office of the Comptroller of the Currency (agencies) as its own text. Dated 2021-03-31.
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- Request for Information and Comment on Financial Institutions’ Use of Artificial Intelligence, Including Machine Learning Federal Register (Office of the Federal Register, govinfo.gov) · published 2021-03-31 · Retrieved for the candidate pack on 2026-11-02 (SHA-256 3cfd3ec5e9475979debcfd23f05a5142bebfbdb86a0516deed4c14ee1b8173b5). Retrieved again at admission on 2026-11-06 (same file). Federal Register PDF, vol. 86, no. 60, 31 March 2021, pp. 16837-16842 (FR Doc. 2021-06607)
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- AI and money: what central banks and financial authorities have said, 1997–2026 →1 record on this document
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- The opacity of AI models complicates risk management and supervisionThe interagency request for information of 31 March 2021, issued by the Federal Reserve Board, the CFPB, the FDIC, the NCUA and the OCC, states that lack of explainability can inhibit financial institution management’s understanding of the conceptual soundness of an AI approach, increasing uncertainty about its reliability and risk when used in new contexts.2021-03-31 · publication · Stated in source · Supported Inspect claim & evidence ↗The opacity of AI models complicates risk management and supervision: propositions page →
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