A Regulatory Governance Framework for AI-Driven Financial Fraud Detection in U.S. Banking: Integrating OCC, SR 11-7, CFPB, and FinCEN Compliance Requirements for Model Development, Validation, and Monitoring Lifecycles
arXiv:2605.04076v1 Announce Type: new
Abstract: U.S. financial institutions deploying AI-based fraud detection face a fragmented compliance landscape spanning four regulatory frameworks — OCC Bulletin 2011-12, SR 11-7, the CFPB AI circular, and FinCE…