GRCLibrary.ai

Standard

AI Model Risk Standard

This standard defines minimum requirements for assessing and managing AI model risk. It operationalizes the AI Model Risk Framework through enforceable expectations for data provenance, interpretability, representation, robustness, alignment, monitoring, documentation, approval, and retirement.

Type
Standard
Version
1.1.7
Date
2026-10-29
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

  • 1. Purpose
  • 2. Applicability
  • 3. Requirements
  • 4. Evidence requirements
  • 5. Limitations

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