Decoding the EU AI Act: What it Means for Financial Services Firms | Blog
Everest Group
MAY 24, 2024
Next, they need to take inventory of existing AI assets like models, tools, and systems, classifying each into the four risk categories outlined by the Act. Crucially, a cross-functional team should be formed to oversee AI risk management, drive compliance efforts, and execute mitigation plans across the organization.
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