Practice Guide The AI Act Road to Compliance
Artificial Intelligence (AI) is transforming industries, and with this transformation comes the need for robust regulations to mitigate risks and uphold ethical standards. The European Union’s AI Act, effective August 2024, introduces a framework to ensure AI systems align with fundamental rights and foster trust in innovation.
Internal auditors have a vital role in helping organisations navigate these regulations. ECIIA’s latest publication, The AI Act: Road to Compliance, offers essential guidance to ensure compliance and manage risks effectively.
This paper covers the key principles, requirements, and responsibilities for organisations under the AI Act, helping internal auditors assess readiness and contribute to compliance strategies.