Voluntary guidance Governance and accountability Australia Voluntary standard

Establish accountability processes and a risk-management process (guardrails 1 and 2)

Under Australian Voluntary AI Safety Standard, Guardrails 1 and 2

Source-linked Open official source

What does it require?

Guardrail 1 asks organisations to set up accountability processes including governance, internal capability and a strategy for regulatory compliance; guardrail 2 asks for a risk-management process to identify and mitigate risks across the AI lifecycle.

Practical action

Adopt an AI policy, assign an accountable owner and run per-use-case risk assessments.

Who does it apply to?

Voluntary for all Australian organisations using AI.

Evidence examples

  • AI accountability and risk-management documentation (document)

Framework mappings

Original editorial crosswalks. They cite clause numbers only and reproduce no standard text; confidence reflects how direct the mapping is.

Framework mappings
FrameworkReferenceNoteConfidence
ISO/IEC 42001:2023Clauses 5 and 6The standard states it is aligned with ISO/IEC 42001 and the NIST AI RMF.high
NIST AI RMF 1.0GOVERN and MAPOriginal editorial mapping.high

Similar obligations in other instruments

Informational only, not legal advice. Verify every claim against the linked official sources and consult qualified counsel before acting.