📃 Artificial Intelligence Act - RCSA Template

The Artificial Intelligence Act (Regulation EU 2024/1689) provides a comprehensive regulatory framework for the development, placing on the market, and use of artificial intelligence systems within the European Union. It aims to balance innovation in AI technologies with the protection of fundamental rights and public interests.

Summary:

📌 The Artificial Intelligence Act is a regulation that requires providers of AI systems to adhere to specified requirements for high-risk AI systems, focusing on safety, transparency, and accountability.

🎯Audience:

1. Providers of AI Systems
2. Regulatory Authorities
3. End Users

🔹Key Points:

1. Regulatory Compliance: Providers of AI systems must adhere to the specified requirements for high-risk AI systems to promote safety, transparency, and accountability.
2. Protection of Fundamental Rights: The Regulation emphasizes safeguarding fundamental rights such as privacy, data protection, and non-discrimination, particularly in the deployment of AI systems.
3. Harmonisation Across Member States: The Regulation seeks to prevent fragmentation of national laws by establishing uniform legal standards for AI use across the EU.
4. Encouragement of Innovation: By setting clear rules, the Regulation aims to foster innovation in AI technologies while ensuring that these developments do not compromise public safety or fundamental rights.
5. Market Surveillance: Provisions are included for effective market surveillance authorities to monitor compliance with the Regulation and protect consumers from non-compliant AI products.
6. Risk-Based Approach: The Regulation distinguishes between high-risk and lower-risk AI systems, applying stricter requirements based on potential harm or infringement of rights.
7. Transparency Obligations: Providers are required to maintain transparency about the functioning and impact of their AI systems, facilitating accountability for decisions made using AI.
8. Post-Market Monitoring: Providers of high-risk AI systems must establish a systematic approach to monitoring these systems after market release to ensure ongoing compliance and safety.
9. User Rights: Individuals have rights to explanations regarding decisions made by AI systems, promoting fairness and responsibility in AI deployment.
10. Support for SMEs: The Regulation includes provisions specifically aimed at supporting small and medium enterprises to ensure they can comply without excessive burden.

GRC Library has processed the Artificial Intelligence Act and created a comprehensive RCSA template to assist you with compliance implementation and internal auditing.

We hope this RCSA template will save you time in preparing for the Artificial Intelligence Act compliance journey.

This detailed RCSA template includes:

✅ 443 risks for reference

✅ 198 controls across different articles

✅ Business Processes associated with each risk

✅ High-level implementation guidance

✅ Requirement statements for each control

This is a comprehensive resource for compliance implementation and internal auditing reference.

Reference URL: Artificial Intelligence Act - Regulation (EU) 2024/1689

Reference URL: https://eur-lex.europa.eu/legal-content/EN/TXT/HTML/?uri=CELEX:32024R1689

Updated:	2024-09-25 22:37:38
Created:	2024-08-15 15:13:10