Bhanu Pratap Singh SR 11-7 Model Risk for AI Systems: What Banks Actually Need to Build
SR 11-7 is 15 years old and SR 26-2 explicitly excluded generative AI from its scope. Banks are now governing their most powerful AI systems against a framework that was never designed for them. Here's the practitioner guide to what model risk management actually looks like when you apply it to LLMs, RAG pipelines, and agentic AI.