Strategic Focus: Regulatory Radar And The Next Wave Of AI Risk Compliance

16 Oct, 2024

Access this research

Access all Corporate Risk Leaders content with a strategic subscription or buy this single report

Need help or have a question about this report? Contact us for assistance

Executive Summary

The EU’s Artificial Intelligence Act took effect on August 1, 2024, with firms facing enforcement around most requirements from August 1, 2026. The regulation transcends borders, applying to systems used in the EU, regardless of whether the providers, deployers, importers or distributors are based in the region themselves. With AI having rapidly permeated business activities and tasks, firms must now consider the implications of the EU AI Act and understand how to remain compliant. In this report, we provide risk and compliance executives with an overview of the Act and offer guidance on how to manage these new compliance risks.

Navigating the EU AI Act: a guide to AI compliance and risk
Businesses need to adapt – and governance is the answer
Risk management looms large in the legislation
Risk management is both a requirement – and the solution
Figure 1. The EU AI Act categorizes AI implementations into four risk categories

About the Authors

Renee Murphy

Renee Murphy

Principal Analyst

Renee Murphy is a Principal Analyst at Verdantix. Her current research targets GRC, with a particular focus on the integration of ESG into GRC. Prior to joining Verdantix, Ren...

Katelyn Johnson

Katelyn Johnson

Senior Manager

Katelyn is a Senior Manager at Verdantix, specializing in enterprise risk management and external risk and resilience. She helps executives navigate today’s evolving ris...

View Profile

Other related content

Blog
Corporate Risk Leaders
AI’s Risk Paradox: Automates The Tasks,...

Auditors and compliance teams can no longer outrun the AI evolution. The AI Applied Radar for risk management explores how AI is reshaping the risk management function now and in...

08 October, 2025

Webinar
AI-First Platforms & Applications
Mind The AI Governance Maturity Gap

AI adoption is accelerating, but governance, risk frameworks and AI oversight are struggling to keep up. From understanding how AI is being used within your organization to auditin...

Upcoming / 05 November, 2025

Webinar
Corporate Risk Leaders
Must-Have Technologies For Enterprise R...

As business resilience becomes more complex, so does the role of risk managers. Today’s risk teams are contending with an expanding set of challenges, including rising geopolitica...

Upcoming / 22 October, 2025

Webinar
Building Digital Platforms & Operational Tech
SIF Intelligence: What Every EHS Leader...

In a recent Verdantix survey, 80% of EHS leaders ranked reducing Serious Injuries and Fatalities (SIFs) as a top priority, with 42% identifying it as their single most important go...

Upcoming / 21 October, 2025

Industry Events
AI-First Platforms & Applications
Industry Webinar // Workplace Safety Vi...

Creating a technology-driven safety culture by establishing a resilient safety program Over two days, this forum explores the full safety journey—from building a strong safety cult...

Upcoming / 05 November, 2025

Industry Events
AI-First Platforms & Applications
Industry Webinar // Risk, Reputation, a...

Risk management is entering a new era. In today's hyperconnected world, the most critical threats no longer originate solely from traditional, structured data alone. Instead, they ...

22 September, 2025