GRCLibrary.ai

Guide

AI Board Oversight Guide

This guide supports the board, or the equivalent governing body, in exercising oversight of the organization's use of artificial intelligence. It sets out what directors are accountable for, what they need to understand, what to ask management, what warning signs to watch for, and what they should expect to receive.

Type
Guide
Version
0.0.4
Date
2026-10-27
Owner
Board Risk Committee
Approving authority
Board of Directors
Classification
Public
Confidentiality
Public
Category
AI Governance
Review frequency
Annual and upon material AI framework or regulatory change
Licence
CC BY-SA 4.0

Read the full text on GitHub (opens in a new tab)

Outline

  • 1. Purpose and scope
  • 2. Director duties and accountability
  • 3. Board AI literacy
  • 4. Setting AI risk appetite and policy direction
  • 5. Questions for directors to ask management
  • 6. Governance red flags
  • 7. Board-reporting expectations
  • 8. Framework alignment
  • 9. Limitations

Frameworks it maps to

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