SR 11-7 (2011, superseded) vs SR 26-2 (2026, current)SR 11-7 vs. SR 26-2: What Changed in the 2026 Model Risk Management Guidance
For fifteen years, SR 11-7 was the reference point for US bank model risk management. On April 17, 2026, the Federal Reserve, OCC, and FDIC jointly rescinded it, replacing it with SR 26-2 (issued simultaneously as OCC Bulletin 2026-13). SR 26-2 keeps SR 11-7's foundational disciplines, effective challenge, independent validation, governance, but changes how they're applied. This page lays out the real, sourced differences so you know exactly what to update in your MRM program, policy documents, and vendor RFPs.