TREAS · 5 · record R2746

OCC Guidance Summarization

Department of the Treasury · Office of the Comptroller of the Currency (OCC)

Overview

Development stage: In development or acquisitionSource: a) Pre-deployment – The use case is in a development or acquisition status.
High-impact designation: Not high-impactSource: c) Not high-impact
Impact justification: This use case does not make or influence decisions that affect rights, access to services, safety, or any other outcomes defined in the high-impact criteria, and is limited to routine operational support.
Start date: Not reported
Withheld from public reporting: NoSource: a) No

Mission

Topic area: Information Technology
Operational functions: Summarization Derived by keyword rules; see methodology

Problem the AI is intended to solve

OCC staff must frequently review a wide range of OCC regulatory sources—Handbooks, Bulletins, statutes, old Circulars, Interpretive Letters, Corporate Actions, and related guidance—to understand requirements and develop supervisory positions. Manually locating, reading, and synthesizing these materials is time-consuming and can slow the early stages of analysis. The AI is intended to streamline this initial research by quickly identifying relevant sources and summarizing key regulatory points.

Expected benefits

The AI helps staff rapidly gain orientation to applicable regulatory frameworks, reducing the time spent gathering and processing foundational information. This supports the agency’s mission by promoting more timely and consistent application of asset management regulations and supervisory expectations. The public benefits through enhanced oversight of fiduciary and asset management activities, contributing to stronger investor protection and safer banking practices.

System outputs

The AI will generate targeted summaries of relevant regulatory documents, highlight key obligations and thematic concepts, and provide references to specific OCC guidance sources applicable to the question or issue being researched. Its outputs serve as a starting point for examiners and policy staff, facilitating more efficient and informed review while ensuring that final interpretations and decisions remain with agency experts.

Technology

AI classification: Generative AISource: Generative AI: AI that generates new or synthetic content (e.g., images, videos, audio, text, code).
System name(s): Not reported
Custom-developed code: Not reported
Public source code: Not reported

Sourcing

How it was built: Not reported
Vendor (as reported): Not reported
Vendors (standardized): None on the standard list

A vendor is the supplier named by the agency. It does not identify the underlying model or AI technology.

Data and privacy

Involves PII: Not reported
Privacy Impact Assessment: Not reported
Authorization to Operate: Not reported
Demographic features: Not reported
Training and evaluation data: Not reported
Federal Data Catalog: Not reported

Governance

0 of 8 minimum-practice questions answered. A blank answer means the agency reported nothing; it does not mean the practice is absent.

Pre-deployment testingNo answer reported

AI impact assessmentNo answer reported

Independent reviewNo answer reported

Ongoing monitoringNo answer reported

Operator trainingNo answer reported

Fail-safeNo answer reported

Appeal processNo answer reported

User and public consultationNo answer reported

Potential impacts and how they were identified

Not reported