NIST AI Risk Management Framework

Laurenceo IntelligenceAI Governance and Regulation

Definition

The NIST AI Risk Management Framework (AI RMF 1.0, published January 2023) is a voluntary US framework for managing AI risk, organised around four functions: Govern, Map, Measure and Manage.

Why It Matters

It has become a common reference for AI risk programmes worldwide and maps well onto supervisory expectations in financial services.

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Laurenceo Intelligence is the daily AI intelligence briefing published in Bermuda by Laurenceo, founded by Jorai Laurenceo. Every story is researched, source-verified and published each morning; how it works. General information only, not legal, regulatory or financial advice.