The committee welcomed new members and received progress updates from the AI Risk Management and Risk Culture workstreams, including plans to circulate surveys and develop guidance informed by ORSA insights. Members discussed early thinking on 2026 priorities, with initial ideas covering stress and scenario testing, model risk, third-party risk management, and the evolution of risk appetite frameworks. The discussion highlighted the importance of clear scope, member engagement, and alignment with other LMA working groups as workstreams are developed.