What is the intention of ISO 42001?

ISO 42001 specifies requirements for governing and effectively managing the production and use of AI systems in order to ensure that such systems are trustworthy, responsible, and effective.  It aims to help organisations address and manage the unique risks and challenges associated with AI, including ethical AI management, transparency and accountability, safety, etc.

However, it is important to note that ISO 42001 is not designed to be a step-by-step guide for developing or deploying AI, nor does conformance to the Standard guarantee that your organisation will be compliant with regulatory frameworks such as the EU AI Act.  It is not intended to align with any regulation or legislation in particular; whilst it does expect you to maintain awareness of relevant regulations and may support your compliance efforts, it will not eliminate the need to meet specific legal obligations.