Office of the Comptroller of the Currency
The US federal agency that charters, regulates, and supervises national banks and federal savings associations.
Its role in AI governance
The OCC supervises national banks' use of AI through its model risk management and third-party risk management frameworks, expecting sound governance over how AI and machine-learning models are developed, validated, and overseen. It participates in the interagency model risk guidance that shapes how US banks govern algorithmic decision-making.
Frequently asked questions
What does OCC regulate?
The US federal agency that charters, regulates, and supervises national banks and federal savings associations.
What is OCC's role in AI governance?
The OCC supervises national banks' use of AI through its model risk management and third-party risk management frameworks, expecting sound governance over how AI and machine-learning models are developed, validated, and overseen. It participates in the interagency model risk guidance that shapes how US banks govern algorithmic decision-making.
What jurisdiction does OCC cover?
Office of the Comptroller of the Currency (OCC) is a regulator in United States. Its official website is www.occ.gov.
Related analysis on-site
Where does your organisation stand?
Take the free 7-question AI governance maturity assessment, it runs entirely in your browser, no sign-up required.
Free assessment, 3 minutes →