{"id":202612,"date":"2026-04-06T09:29:00","date_gmt":"2026-04-06T13:29:00","guid":{"rendered":"https:\/\/testing.news-you-need.com\/index.php\/2026\/04\/06\/regulators-propose-audit-ready-controls-to-govern-ai\/"},"modified":"2026-04-06T09:40:35","modified_gmt":"2026-04-06T13:40:35","slug":"regulators-propose-audit-ready-controls-to-govern-ai","status":"publish","type":"post","link":"https:\/\/testing.news-you-need.com\/index.php\/2026\/04\/06\/regulators-propose-audit-ready-controls-to-govern-ai\/","title":{"rendered":"Regulators Propose Audit-Ready Controls to Govern AI"},"content":{"rendered":"<p><a href=\"https:\/\/www.pymnts.com\/artificial-intelligence-2\/2026\/regulators-propose-audit-ready-controls-to-govern-ai\/\">Regulators Propose Audit-Ready Controls to Govern AI<\/a><\/p>\n<p><a href=\"https:\/\/www.pymnts.com\/artificial-intelligence-2\/2026\/regulators-propose-audit-ready-controls-to-govern-ai\/\">https:\/\/www.pymnts.com\/artificial-intelligence-2\/2026\/regulators-propose-audit-ready-controls-to-govern-ai\/<\/a><\/p>\n<p>Publish Date: <a href=\"publish_date]\">2026-04-06 09:29:00<\/a><\/p>\n<p>Source Domain: <a href=\"www.pymnts.com\">www.pymnts.com<\/a><\/p>\n<ul>\n<li>Regulators are intensifying scrutiny on financial institutions&#8217; use of artificial intelligence in functions like fraud detection, credit underwriting, and anti-money laundering.<\/li>\n<li>The U.S. Treasury recently introduced the Financial Services AI Risk Management Framework (FS AI RMF) for documenting AI governance, and an AI Lexicon to standardize terminology across different sectors.<\/li>\n<li>The framework provides a tested structure for banks to document details of their AI systems, including ownership, bias testing, performance tracking, and escalation procedures, which regulators expect to see.<\/li>\n<li>For FinTechs and payments companies relying on third-party AI vendors, the OECD&#8217;s Due Diligence Guidance for Responsible AI stresses that governance obligations do not transfer to the vendors.<\/li>\n<li>The European Union&#8217;s AI Act has specific accountability requirements for providers of general-purpose AI models, such as risk assessments and cybersecurity protocols.<\/li>\n<li>The regulatory trend across the globe is increasingly focused on accountability and responsibility throughout the AI supply chain, both within institutions and throughout third-party vendor relationships.<\/li>\n<\/ul>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Regulators Propose Audit-Ready Controls to Govern AI https:\/\/www.pymnts.com\/artificial-intelligence-2\/2026\/regulators-propose-audit-ready-controls-to-govern-ai\/ Publish Date: 2026-04-06 09:29:00 Source Domain: www.pymnts.com&#8230;<\/p>\n","protected":false},"author":1,"featured_media":202613,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/www.pymnts.com\/wp-content\/uploads\/2024\/03\/AI-regulation.jpg","fifu_image_alt":"","footnotes":""},"categories":[14],"tags":[20],"class_list":["post-202612","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-artificial-intelligence","tag-artificial-intelligence"],"_links":{"self":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/202612"}],"collection":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/comments?post=202612"}],"version-history":[{"count":1,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/202612\/revisions"}],"predecessor-version":[{"id":202614,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/202612\/revisions\/202614"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/media\/202613"}],"wp:attachment":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/media?parent=202612"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/categories?post=202612"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/tags?post=202612"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}