Second line seeks to stamp its authority on AI risk
Risk Benchmarking study finds fragmented accountability for AI risk among banks, and most are short of controls to contain it
This piece is part of a series benchmarking bank operational risk management practices. Risk Management subscribers can view selected cuts of the underlying data here. Sign up for Risk Benchmarking emails here.
Operational risk managers are scrambling to incorporate artificial intelligence risk into second-line oversight frameworks, the latest round of Risk.net’s Op Risk Benchmarking finds – a job
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