CSBS announces AI supervisory framework for state-chartered banks and nonbank financial institutions
The Conference of State Bank Supervisors (CSBS), the US association of state banking regulators, announced an AI supervisory framework on 28 September for state-chartered banks and nonbank institutions. The framework affects AI compliance in the financial sector.
Who is affected and how
- compliance specialist
- Under the supervisory framework, financial institutions' use of AI must be documented and controlled.
- corporate lawyer
- AI vendor contracts of financial service providers must be aligned with supervisory expectations.
Sources
- CSBS Announces AI Supervisory Framework for State-Chartered Banks and Nonbank Financial Institutions | Consumer Financial Services Law Monitorconsumerfinancialserviceslawmonitor.com · Sep 28, 2026
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