Federal Reserve & OCC
SR 11-7
40%
requirements ready
Requirements
5
Ready
0
Mapped controls
7
Mapped policies
2
Coverage
Each requirement uses the controls and policies already on record.
Requirement map
Requirements, controls and policies
Model governance
Board-approved ownership, policy and oversight for every material model.
Mapped controls
4HN-MR-01Independent model validation before release
Consumer Credit Scoring v4 · test 2027-01-14
HN-MR-02Annual revalidation of production models
Card Fraud Detection Engine · test 2026-11-02
HN-MR-03Model inventory completeness reconciliation
AML Transaction Monitoring Assist · test 2027-02-20
HN-MR-04Documented model assumptions and limitations
Collections Propensity Model · test 2026-10-11
Independent validation
Validate conceptual soundness, outcomes and implementation independently.
Mapped controls
4HN-MR-01Independent model validation before release
Consumer Credit Scoring v4 · test 2027-01-14
HN-MR-02Annual revalidation of production models
Card Fraud Detection Engine · test 2026-11-02
HN-MR-03Model inventory completeness reconciliation
AML Transaction Monitoring Assist · test 2027-02-20
HN-MR-04Documented model assumptions and limitations
Collections Propensity Model · test 2026-10-11
Ongoing monitoring
Monitor performance, drift, limitations and use after deployment.
Mapped policies
2Mapped controls
7HN-MR-01Independent model validation before release
Consumer Credit Scoring v4 · test 2027-01-14
HN-MR-02Annual revalidation of production models
Card Fraud Detection Engine · test 2026-11-02
HN-MR-03Model inventory completeness reconciliation
AML Transaction Monitoring Assist · test 2027-02-20
HN-MR-04Documented model assumptions and limitations
Collections Propensity Model · test 2026-10-11
HN-RS-01Kill switch tested each quarter
Card Fraud Detection Engine · test 2026-11-12
HN-RS-02Fallback rules engine available
AML Transaction Monitoring Assist · test 2027-01-03
HN-RS-03Change approval with rollback plan
Consumer Credit Scoring v4 · test 2026-09-30
Model inventory
Maintain a complete inventory with tiering, ownership and approved use.
Mapped controls
4HN-MR-01Independent model validation before release
Consumer Credit Scoring v4 · test 2027-01-14
HN-MR-02Annual revalidation of production models
Card Fraud Detection Engine · test 2026-11-02
HN-MR-03Model inventory completeness reconciliation
AML Transaction Monitoring Assist · test 2027-02-20
HN-MR-04Documented model assumptions and limitations
Collections Propensity Model · test 2026-10-11
Controls and documentation
Retain evidence supporting design, data, decisions and remediation.
Mapped policies
0No policy mapped.
Mapped controls
0No control mapped.