Artificial Intelligence (AI) System Pre-Implementation Assessment
Updated 04/02/2026
This assessment should be completed before the Bank implements or begins using any Artificial Intelligence (AI) system, model, or tool to guide evaluation, identify risks, and plan controls, ensuring safe and compliant AI adoption.
Rule: Various, including:
- U.S. Department of the Treasury. (2024, December). Artificial intelligence in financial services: Report on the uses, opportunities, and risks of artificial intelligence in the financial services sector.
- National Institute of Standards and Technology. (2023, January). Artificial intelligence risk management framework (AI RMF 1.0) (NIST AI 100-1).
- Board of Governors of the Federal Reserve System and Office of the Comptroller of the Currency. Supervisory Guidance on Model Risk Management (SR 11-7). April 4, 2011.
Toolkit: Artificial Intelligence (AI)
Keywords: Artificial Intelligence, AI, AI Pre-Implementation, AI Risk, AI Governance, AI Due Diligence, AI Compliance, Model Risk Management
Members Can Download This Tool
Login to Download
Not Yet a Member?
Our members enjoy:
On-demand regulatory guidance hotline – by chat, phone and email – available from anywhere, on any device – 7 am - 6 pm, M-F, Central time
Research time saved daily & weekly across forms, checklists, and trainings — for every regulation
Hours of form-building and branding of bank documents saved; in some cases, even the budget of additional staff
A sounding board for support and reassessment when institutional goals or the regulatory environment changes
Access to attorneys and compliance specialists for risk modelling and decision-making in advance of large business decisions
The knowledge that C/A was created and owned by 30 State Bankers Association to provide bank compliance services to their membership organizations
Find out how a personalized team of attorneys and compliance professionals helps build targeted compliance strategies throughout your institution when you take our Live Membership Demo.