Blog
White Label Consultancy | 19th September 2024
Fundamental Rights Impact Assessment: A Practical Guide
With the recent adoption of the EU’s AI Act, businesses deploying high-risk AI systems must now meet new, rigorous standards to ensure their technologies are compliant and ethical. A key requirement is the Fundamental Rights Impact Assessment (FRIA), which evaluates whether these AI systems could impact fundamental rights such as privacy, non-discrimination, and freedom of expression. An effective FRIA provides clear insights into risk identification, mitigation strategies, and human oversight throughout the AI system’s operation. It also includes assessing the system’s impact on different demographics, analysing potential biases, and establishing protocols for addressing any emerging risks. Addressing these factors is essential to achieving the AI Act’s goal of promoting ethical, transparent, and trustworthy AI systems.
For businesses adapting to this new landscape, now is the time to prepare. Our guide will equip you with the insights and tools needed to navigate these regulatory changes responsibly.
To help you understand FRIA requirements, we have developed a comprehensive roadmap that answers key questions:
- Is your AI system subject to a FRIA?
- Who is responsible for conducting it?
- When should it be performed?
- What should be included in a FRIA?
- Who should be notified?
- When must you be compliant?
In addition, we will soon release a FRIA Template that will provide your organisation with a structured approach aligned with upcoming standards from the European AI Office.
At White Label Consultancy, we’re here to support your journey toward achieving AI compliance. Whether you need expert advice or a structured approach to implementing these assessments, we’ve got you covered!
You can download the full white paper here to learn more:
For further guidance on the AI Act, we also recommend our earlier white paper, “Unpacking the AI Act,” which provides an overview of the Act and essential insights to help organisations prepare for compliance. You can download it here: https://whitelabelconsultancy.com/navigating-the-risks-of-large-language-models/.