On PFMI Principle 2's Key Consideration 6, Claude Opus 4.7 with web search asserted that the board should establish "a risk committee that is chaired by a suitably qualified, non-executive member," and accompanied this with an inverted KC ordering and a misattribution of KC 5's management-roles content to internal-control requirements. The fabricated non-executive-chair mandate is the kind of high-confidence structured hallucination that an FMI board secretary or governance lead drafting a committee charter would absorb directly into the document, because the surface form looks like a PFMI self-assessment response.
The error reflects a training-weighted prior on corporate-governance committee structure (drawn from listing rules, banking-supervision codes, and conventional governance frameworks) substituted for the PFMI's framework-level KC 6 text, which speaks only to the documented risk-management framework and the independence of control functions. Verbatim paragraph probes across the Principle 2 KCs, with structured comparison against generic corporate-governance language, would directly target this class of error.
Each finding has a stable Citation ID (RLB-F-… for aggregated case-study findings, RLB-H-… for raw per-model hallucinations) — like a DOI, the ID always resolves to the canonical finding even if URLs change.
RegLeg Specialist Panel (2026). "Finding on 'Q022 Probe' for Claude Opus 4.7 with web search ON — AI Labs." Citation ID: RLB-H-INT-BIS-CPMI-IOSCO-PFMI-2012-Q022-Opus47. RegLegBrief AI Hallucination Research, published 2026-06-07. https://reglegbrief.com/regulators/j1/int/bis-cpmi/cpmi-iosco-pfmi-2012/whitepaper/finding/INT-BIS-CPMI-INT-001-CPMI-IOSCO-PFMI-2012-v1-022--opus-47-websearch/
RegLeg Specialist Panel. (2026). Finding on 'Q022 Probe' for Claude Opus 4.7 with web search ON [Hallucination finding RLB-H-INT-BIS-CPMI-IOSCO-PFMI-2012-Q022-Opus47]. RegLegBrief AI Hallucination Research. https://reglegbrief.com/regulators/j1/int/bis-cpmi/cpmi-iosco-pfmi-2012/whitepaper/finding/INT-BIS-CPMI-INT-001-CPMI-IOSCO-PFMI-2012-v1-022--opus-47-websearch/
RegLeg Specialist Panel, Finding on 'Q022 Probe' for Claude Opus 4.7 with web search ON [RLB-H-INT-BIS-CPMI-IOSCO-PFMI-2012-Q022-Opus47], RegLegBrief AI Hallucination Research (June 07, 2026), https://reglegbrief.com/regulators/j1/int/bis-cpmi/cpmi-iosco-pfmi-2012/whitepaper/finding/INT-BIS-CPMI-INT-001-CPMI-IOSCO-PFMI-2012-v1-022--opus-47-websearch/.
@misc{reglegbrief_RLB_H_INT_BIS_CPMI_IOSCO_PFMI_2012_Q022_Opus47,
author = {RegLeg Specialist Panel},
title = {Finding on 'Q022 Probe' for Claude Opus 4.7 with web search ON},
year = {2026},
publisher = {RegLegBrief AI Hallucination Research},
note = {Hallucination finding Citation ID: RLB-H-INT-BIS-CPMI-IOSCO-PFMI-2012-Q022-Opus47},
url = {https://reglegbrief.com/regulators/j1/int/bis-cpmi/cpmi-iosco-pfmi-2012/whitepaper/finding/INT-BIS-CPMI-INT-001-CPMI-IOSCO-PFMI-2012-v1-022--opus-47-websearch/}
}
Every finding on this page compares an AI subject's account of the rule against the regulator's verbatim text from the regulator's own portal. Both are linked. Each delta, its root causes, and impact analysis are documented and published with immutable Citation IDs.