2
TABLE OF CONTENTS
Executive Summary ......................................................................................................................3
1. Background ................................................................................................................................3
2. AI Risk Categories .....................................................................................................................5
3. Risk Management Framework ................................................................................................6
3.1 Governance ..........................................................................................................................7
3.2 Recognition........................................................................................................................... 7
3.3 Measurement .......................................................................................................................7
3.4 Management ........................................................................................................................8
3.5 Integration ............................................................................................................................8
Best Practices for AI Risk Management Frameworks ..........................................................8
4. AI Lifecycle Management ........................................................................................................9
4.1 Selection ................................................................................................................................9
4.2 Development ........................................................................................................................9
4.3 Data Controls. ....................................................................................................................10
4.4 Validation ...........................................................................................................................10
4.5 Implementation .................................................................................................................11
4.6 Usage and Monitoring ......................................................................................................11
4.7 Revalidation .......................................................................................................................11
4.8 Tiering .................................................................................................................................12
4.9 Decommissioning ..............................................................................................................12
Best Practices for AI Lifecycle Management .......................................................................12
5. Regulatory Alignment ............................................................................................................13
Best Practices for Regulatory Alignment .............................................................................14
6. Organizational Readiness ......................................................................................................14
6.1 Talent and Training ...........................................................................................................14
6 Roles and Accountabilities ..................................................................................................15
Best Practices for Organizational Readiness .......................................................................15
7. Conclusion ................................................................................................................................15
Appendices ...................................................................................................................................17
Appendix A: Glossary ............................................................................................................17
Appendix B:.............................................................................................................................. 18
TABLE OF CONTENTS
Executive Summary ......................................................................................................................3
1. Background ................................................................................................................................3
2. AI Risk Categories .....................................................................................................................5
3. Risk Management Framework ................................................................................................6
3.1 Governance ..........................................................................................................................7
3.2 Recognition........................................................................................................................... 7
3.3 Measurement .......................................................................................................................7
3.4 Management ........................................................................................................................8
3.5 Integration ............................................................................................................................8
Best Practices for AI Risk Management Frameworks ..........................................................8
4. AI Lifecycle Management ........................................................................................................9
4.1 Selection ................................................................................................................................9
4.2 Development ........................................................................................................................9
4.3 Data Controls. ....................................................................................................................10
4.4 Validation ...........................................................................................................................10
4.5 Implementation .................................................................................................................11
4.6 Usage and Monitoring ......................................................................................................11
4.7 Revalidation .......................................................................................................................11
4.8 Tiering .................................................................................................................................12
4.9 Decommissioning ..............................................................................................................12
Best Practices for AI Lifecycle Management .......................................................................12
5. Regulatory Alignment ............................................................................................................13
Best Practices for Regulatory Alignment .............................................................................14
6. Organizational Readiness ......................................................................................................14
6.1 Talent and Training ...........................................................................................................14
6 Roles and Accountabilities ..................................................................................................15
Best Practices for Organizational Readiness .......................................................................15
7. Conclusion ................................................................................................................................15
Appendices ...................................................................................................................................17
Appendix A: Glossary ............................................................................................................17
Appendix B:.............................................................................................................................. 18
