Analytics India Magazine

What RBI's AI Model Risk Draft Means for Banks, Fintechs and AI Vendors

Discover the implications of RBI's AI model risk draft for banks and fintechs. Learn how it impacts governance and compliance ...

RBI’s Model Risk Management Guidance, 2026 | Summary

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KDOA Announced the availability of its SR 26-2 Readiness Assessment and updated Model IQ governance framework

The revised guidance (SR 26-2, OCC Bulletin 2026-13, and FDIC FIL-15-2026) supersedes the 2011 guidance widely known as SR 11 ...
Reuters

India cenbank lays down regulatory principles for credit risk models

MUMBAI, Aug 5 (Reuters) - The Reserve Bank of India said on Monday that the entities it regulates will have to abide by certain broad principles when employing various credit models, as it attempts to ...
JD Supra

Banking Regulators Replace Comprehensive Model Risk Management Guidance with Risk-Based Approach

Situation Overview: On April 17, 2026, the Federal Reserve Board, the Office of the Comptroller of the Currency (OCC), and the Federal Deposit Insurance Corporation (FDIC) jointly issued revised model ...
Morningstar

Clearwater Analytics Embeds AI into Beacon Risk Platform to Accelerate Model Validation and Exposure Analysis

Clearwater Analytics(NYSE: CWAN), the most comprehensive technology platform for investment management, today announced breakthrough embedded agentic AI capabilities within Beacon by CWAN, its ...