🎯 Regulatory Frameworks

AI Governance Frameworks

Navigate regulatory complexity with expert guidance across ISO 42001, EU AI Act, SMCR, and FCA/PRA requirements for enterprise AI deployments.

Framework Overview

Four Critical Frameworks for Enterprise AI

Each framework addresses different aspects of AI governance—from international certification standards to EU regulation to UK financial services accountability

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International Standard

ISO/IEC 42001:2023

AI Management System (AIMS) certification standard. Provides comprehensive framework for managing AI systems throughout their lifecycle with focus on risk management and responsible AI.

  • International certification standard
  • 38 AI-specific controls + ISO 27001 foundation
  • Third-party audited certification
  • Market differentiator for enterprises
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EU Regulation

EU AI Act

Regulation (EU) 2024/1689 establishing harmonised rules on AI. Mandatory compliance for high-risk AI systems deployed in EU market. Enforcement begins August 2026.

  • Mandatory for high-risk AI systems
  • Risk-based classification approach
  • Conformity assessment required
  • €35M or 7% global turnover penalties
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UK Financial Services

SMCR

Senior Managers & Certification Regime. Individual accountability framework extending to algorithmic decision-making in UK financial services under FCA/PRA oversight.

  • Individual accountability for algorithms
  • Prescribed Responsibilities for AI
  • Statement of Responsibilities required
  • Regulatory breach consequences
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UK Financial Regulators

FCA/PRA

Financial Conduct Authority and Prudential Regulation Authority expectations for AI governance in regulated financial services. Model risk management and algorithmic accountability.

  • Model Risk Management (MRM)
  • Algorithmic accountability standards
  • Consumer duty for AI systems
  • Supervisory expectations for AI
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Framework Comparison

Which Framework Do You Need?

Framework selection depends on your industry, geography, and AI deployment profile

Framework Type Who Needs It Timeline Enforcement
ISO/IEC 42001 Voluntary Certification Any enterprise deploying AI at scale 12-16 weeks implementation Third-party audit required
EU AI Act Mandatory Regulation High-risk AI in EU market August 2026 mandatory €35M or 7% turnover fines
SMCR Mandatory Accountability UK banks, insurers, investment firms Immediate (already in force) Individual accountability
FCA/PRA Supervisory Expectations FCA/PRA regulated firms using AI Ongoing compliance Regulatory investigation risk

Not Sure Which Framework Applies to You?

Schedule a consultation with our regulatory specialists to assess your compliance obligations and build a roadmap for certification and regulatory alignment.

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Discuss Your Framework Compliance Needs

Schedule a consultation to explore ISO 42001 certification, EU AI Act compliance, or SMCR accountability requirements

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Book a 30-minute consultation to discuss your AI governance framework requirements and compliance strategy.

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Email Us

For framework compliance inquiries and detailed discussions about certification or regulatory requirements.

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UK Office

Trusted AI Governance Ltd
London, United Kingdom
Company No: 15696417

Response Time

We respond to framework compliance inquiries within 1 business day. Certification projects typically start within 2 weeks.

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