AI use fastest-growing area of op risk regulatory scrutiny
Risk Benchmarking study finds EU AI Act the dominant driver of nascent bank risk frameworks, even well beyond Europe’s borders
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.
Artificial intelligence risk tops the list of operational risks drawing heightened regulatory scrutiny in the fourth edition of Risk.net’s Op Risk Benchmarking research, with the vast
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