United States: The growing importance of the NIST AI Risk Management Framework

As AI capabilities and applications continue to advance, the National Institute of Standards and Technology’s (NIST’s) Artificial Intelligence Risk Management Framework (AI RMF) has emerged as a vital tool for organizations to responsibly develop and use AI systems.

The AI RMF was covered in the publication [Global Compliance News] shortly after NIST published the framework in January 2023.

Since then, the importance of the publication has only grown, with numerous US executive orders, bills and laws building on or incorporating the framework.