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Chapter 6 · 2025

AI Risk Management Frameworks

Sara Martucci, Margherita Ranieri

Abstract

This study aims to analyze AI Risk Management Frameworks (AI RMFs), exploring their role in promoting the safe, accountable, and transparent adoption of AI technologies within economic systems. The first part of the research provides a broad overview of the evolution of the AI market and its growing impact on strategic and operational processes, with a particular focus on the financial sector. The second part discusses the unique risks posed by AI systems, while the third part explores the regulatory responses to manage AI unique risks, with a particular focus on the EU AI Act. Finally, the fourth part analyzes several major AI RMFs developed by international and regional institutions, examining their guiding principles, technical requirements, and governance mechanisms. The study ultimately identifies common principles shared across regulations, guidelines, and AI RMFs, highlighting the strategic relevance of integrating AI governance into corporate strategy.

Eigenvector Insight — Zone III / PASF-PADE AnalysisNot part of the original paper
Eigenvector Research — Marco van Hurne
How this paper contributes to solving the Zone III problem (PASF-PADE)

This paper directly addresses one of the core structural challenges in Zone III deployments. The research on AI Risk Management Frameworks, AI RMFs, AI governance provides evidence-based foundations that enterprise architects cannot ignore when designing long-horizon autonomous workflows. The findings challenge the assumption that a base language model — however capable — can handle the complexity of durable, governed, multi-step execution without explicit architectural intervention. For Zone III practitioners, this paper belongs in the required reading list.

Why AI is not sufficient for Zone III without this

Zone III refers to high-complexity, high-risk, long-running agentic workflows — the class of enterprise AI deployments where a single failure can cascade across hundreds of steps. Standard AI models, trained to predict the next token, are not inherently designed for durable, governed, multi-step execution. This paper addresses one or more of the structural gaps that make Zone III deployments unsafe without explicit architectural intervention.

Topics

AI Risk Management FrameworksAI RMFsAI governancefinancial sectorEU AI Actregulatory responses