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ARTICLE · 27 MARCH 2023

New NIST Framework Provides Organizations Guidance On AI Governance And Risk Management

Borden Ladner Gervais LLP
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On Jan. 26, 2023, the National Institute of Standards and Technology (NIST) published the Artificial Intelligence Risk Management Framework (AI RMF).

CanadaPrivacy

On Jan. 26, 2023, the National Institute of Standards and Technology (NIST) published the Artificial Intelligence Risk Management Framework (AI RMF). Recognizing the unique complexity and deep impact of artificial intelligence (AI) tools and systems, this framework provides guidance regarding the management of risks associated with their design, development, deployment and use, such as biased decision making, and proposes best practices.

The AI RMF offers useful guidance on AI governance and risk management at a time when Canadian organizations are preparing themselves for new legislation governing automated decision-making tools (coming in Québec as of September 2023). It also comes at a time when Bill C-27 – and its proposed Consumer Privacy Protection Act (CPPA) and Artificial Intelligence and Data Act (AIDA) – has resumed debate in the House of Commons this session.

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