Handbook Section 2: AI risk management
Is this legally binding?
Guidance. Voluntary guidance. Best practice, not obligation, until a contract or a regulator cites it.
Identification of AI usage, risk materiality assessment and AI inventorisation through organisational systems, policies and procedures: AI-related policies and standards (2.1), organisation-level risk management (2.2), third-party AI risk (2.3), use case-level risk management (2.4) and AI inventory capabilities (2.5).
From the source
“AI risk management, Identification of AI usage, risk materiality assessment, and AI inventorisation through organisational systems, policies and procedures”
Operationalisation Handbook Section 2, pp.22-67; MAS media release para 3(b)
What this connects to
7 relations. Official relations are the ones the source documents state; anything marked GAGE analysis is our reading, not an agency's.
Cites1
- InstrumentMindForge AI Risk Management Toolkit (Project MindForge phase 2)Guidance
Section of the Operationalisation Handbook
Cited by5
- ObligationHandbook practice: ai policies standardsGuidance
Practice within this Handbook section
- ObligationHandbook practice: org level risk managementGuidance
Practice within this Handbook section
- ObligationHandbook practice: third party ai riskGuidance
Practice within this Handbook section
- ObligationHandbook practice: usecase level risk managementGuidance
Practice within this Handbook section
- ObligationHandbook practice: ai inventory capabilitiesGuidance
Practice within this Handbook section
Maps across to1
- SectionProposed Guidelines Section 3: key AI risk management systems, policies and proceduresConsultation
Handbook section aligned with proposed Guidelines Section 3 (MAS media release para 3)
Verified against the official source on 2026-08-17. GAGE is not affiliated with or endorsed by any agency named here, and nothing on this page is legal advice. How this is built and checked.