Glossary
Updated
Published in late 2023, ISO 42001 has become the global gold standard for AI management systems certification. It provides a management skeleton (Harmonized Structure) similar to ISO 27001 and contains 38 controls in Annex A specifically for AI, including data quality, algorithmic bias monitoring, and societal impact assessments. Certification proves to stakeholders that AI governance is a managed process rather than a point-in-time audit.
Example
A multinational bank achieves ISO 42001 certification to demonstrate "presumption of conformity" with high-risk management expectations. Their AIMS includes a live registry of all 50 internally built models, each with a mapped owner and documented risk treatment plan.