The responsible AI approach from the Guidance allows business to take risks, innovate, and be agile, but to do so in a way

that promotes accountability, transparency, and ultimately, trust.

The objectives of this guidance are therefore to:
➡️Help enterprises navigate existing AI risk management and governance frameworks
➡️ Support innovation, investment and growth of enterprises in the AI value chain
➡️ Serve as a common reference point for AI risk management frameworks.

By meaningfully implementing the recommendations of the existing AI risk management frameworks, including those described

in this guidance enterprises can observe many of the expectations of the RBC due diligence approach. In some cases, the RBC framework

provides additional clarity and closes gaps in other frameworks particularly with respect to stakeholder engagement and remediation, which are less

comprehensively addressed in existing frameworks.

Find the full text of the Due Diligence Guidance for Responsible AI here.