Chief AI officer must resolve whether the board has been accurately briefed

Situation

In a bank preparing for a model-risk exam, EU AI Act high-risk classification worksheet is the evidence after an examiner request for the current model inventory. Chief AI officer has to pick Policy or governance breach or Model defect for this AI Governance Inventory and Regulatory Fit close using EU AI Act high-risk classification worksheet.

Decision

Chief AI officer in a bank preparing for a model-risk exam must choose Policy or governance breach / Model defect / Dual failure / Hold for the missing fact using EU AI Act high-risk classification worksheet after an examiner request for the current model inventory.

Hypotheses to test

• The population in EU AI Act high-risk classification worksheet is the one an examiner request for the current model inventory named, so Policy or governance breach follows for this Inventory and Regulatory Fit file.
• The population in EU AI Act high-risk classification worksheet is adjacent only to an examiner request for the current model inventory; Model defect is the honest AI Governance call.
• A bank preparing for a model-risk exam already contained an examiner request for the current model inventory before EU AI Act high-risk classification worksheet arrived; no new Inventory and Regulatory Fit path.
• Provenance on EU AI Act high-risk classification worksheet after an examiner request for the current model inventory is broken; do not pick Policy or governance breach or Model defect yet.

Analysis required

• Check intended purpose and inventory status against EU AI Act / exam-readiness language after an examiner request for the current model inventory.
• Map the approved-use case to the system the board has been would bind.
• Check intended purpose and inventory status against EU AI Act / exam-readiness language after an examiner request for the current model inventory.
• For this AI Governance Inventory and Regulatory Fit file, read EU AI Act high-risk classification worksheet against an examiner request for the current model inventory and write the one fact that would move the board has been for chief AI officer.

Recommendation

Choose Policy or governance breach / Model defect / Dual failure / Hold for the missing fact on this AI Governance / Inventory and Regulatory Fit packet (EU AI Act high-risk classification worksheet after an examiner request for the current model inventory). The follow-on Inventory and Regulatory Fit action is what chief AI officer does next: implement the option, assign an owner, and log the missing fact.

Command returns

• Bottom-line AI Governance option on the board has been, then the evidence in EU AI Act high-risk classification worksheet, then the action for chief AI officer
• Hypothesis scorecard against EU AI Act high-risk classification worksheet: supported / rejected / untestable
• Owner and next date for chief AI officer in a bank preparing for a model-risk exam
• What changes the board has been if an examiner request for the current model inventory is later withdrawn