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Framework

AI Model Risk Framework

This framework defines an organization-neutral model for identifying, assessing, treating, monitoring, and evidencing risks arising from AI model behaviour, data representation, robustness, interpretability, lifecycle control, and deployment context.

Type
Framework
Version
1.0.5
Date
2026-10-24
Owner
AI Governance Approver
Approving authority
Governance Library Maintainer
Classification
Public
Confidentiality
Public
Category
AI Governance
Review frequency
6 to 12 months and upon material model, data, threat, regulatory, or assurance change
Licence
CC BY-SA 4.0

Read the full text on GitHub (opens in a new tab)

Outline

  • Purpose
  • Scope
  • Model risk domains
  • Inherent and residual model risk
  • Lifecycle control model
  • Evaluation requirements
  • Governance requirements
  • Framework alignment
  • Limitations

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