R0021/2026-03-25/Q004/SRC03

Research	R0021 — Prompt engineering definitions
Run	2026-03-25
Query	Q004
Search	S01
Result	S01-R01
Source	SRC03

SR 11-7 Model Risk Management

Source

Field	Value
Title	SR 11-7 Model Risk Management
Publisher	Federal Reserve/OCC
Author(s)	Federal Reserve/OCC
Date	2024
URL	https://www.federalreserve.gov/supervisionreg/srletters/sr1107.htm
Type	Government regulatory guidance

Summary

Dimension	Rating
Reliability	High
Relevance	High
Bias: Missing data	Low risk
Bias: Measurement	N/A
Bias: Selective reporting	Low risk
Bias: Randomization	N/A — not an RCT
Bias: Protocol deviation	N/A — not an RCT
Bias: COI/Funding	Low risk

Rationale

Dimension	Rationale
Reliability	Official government regulatory guidance.
Relevance	Directly addresses AI validation in a regulated industry.
Bias flags	Regulatory bodies may be conservative in acknowledging gaps.

Evidence Extracts

Evidence ID	Summary
SRC03-E01	4-perspective validation (conceptual soundness, process, monitoring, outcomes); designed for stable models, struggles with adaptive AI