Treasury Department Issuing AI Guidance to Financial Services Sector – MeriTalk
Treasury Department Issuing AI Guidance to Financial Services Sector – MeriTalk
https://meritalk.com/articles/treasury-department-issuing-ai-guidance-to-financial-services-sector/
Publish Date: 2026-02-20 15:43:00
Source Domain: meritalk.com
- The Treasury Department is rolling out six resources through six months in February to promote secure and resilient artificial intelligence (AI) in the financial sector.
- The first two resources were released, developing AI-specific guidance after the conclusion of the Artificial Intelligence Executive Oversight Group (AIEOG).
- AIEOG was a collaboration between the Financial and Banking Information Infrastructure Committee and the Financial Services Sector Coordinating Council that included executives from financial institutions and financial regulators.
- The two initial resources are an AI Lexicon and the Financial Services AI Risk Management Framework, which complements an existing framework created by the National Institute of Standards and Technology.
- These resources aim to help institutions, particularly smaller ones, strengthen their cybersecurity and deploy AI more securely.
- Treasury’s efforts are part of advancing President Donald Trump’s AI Action Plan to boost AI security in the financial industry.
- The initiative underscores the potential for government-industry collaboration to enhance the security and resilience of AI in financial services, with a focus on driving innovation and strengthening operations.
