Proposed: fairness controls
Is this legally binding?
Consultation. Proposed, not final. Read it, plan for it, and do not treat it as settled.
Proposed and not final. Nothing here can be enforced against you yet.
PROPOSED expectation (Guidelines paras 4.8-4.9): define 'fair' outcomes and maintain controls to identify and mitigate harmful biases and discriminatory outcomes across the AI life cycle, including fairness assessments where relevant. Not final - at consultation stage.
From the source
“An FI should define what it considers “fair” outcomes and have appropriate controls to identify and mitigate harmful biases”
Consultation Paper P017-2025 / proposed Guidelines (see summary for paragraph)
What this connects to
2 relations. Official relations are the ones the source documents state; anything marked GAGE analysis is our reading, not an agency's.
Cites2
- SectionProposed Guidelines Section 4: key AI life cycle controlsConsultation
Proposed expectation within this section of the draft Guidelines
- InstrumentConsultation Paper on Proposed Guidelines on Artificial Intelligence Risk Management for Financial Institutions (P017-2025)Consultation
Proposed expectation in P017-2025 (not final)
Verified against the official source on 2026-08-17. GAGE is not affiliated with or endorsed by any agency named here, and nothing on this page is legal advice. How this is built and checked.