Overview
AI governance encompasses the policies, frameworks, and processes that ensure AI systems are deployed responsibly, ethically, and in compliance with regulatory requirements. For professional services firms, AI governance is not optional — it is a professional obligation.
Governance Framework Components
- •AI risk assessment and classification
- •Ethical AI principles and policies
- •Model monitoring and performance tracking
- •Bias detection and mitigation
- •Regulatory compliance mapping
- •Incident response and escalation procedures
- •Audit and accountability mechanisms