Law / Frameworks / NIST AI RMF / Map
NIST AI RMF, MapMAP 1.5
Organizational risk tolerances are determined and documented.NIST AI Risk Management Framework, version 1.0, January 2023 (NIST AI 100-1), MAP 1.5
We read each law below as bearing on this control. That does not mean the control, done well, meets the law: what each law asks is on its own page. Law library as of .
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- law
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- jurisdiction
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- with court rulings behind them
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- not yet in force
AI sector rules
1 law, 1 jurisdiction| Jurisdiction | Law | What it asks, as read here |
|---|---|---|
| Model Management Standards: governance, validation and monitoring of the models a bank uses to decide, including artificial intelligence models |
Establish a Model Oversight Committee accountable for all significant modelling decisions at each step of the model life-cycle, with the Board bearing responsibility for modelling decisions with material implications and defining your appetite for Model Risk (Sections 3.1.6 and 3.1.8(i)). |
Full text of the NIST AI Risk Management Framework, public domain (a US government work). Every control of the framework.