Episode 01: Why ISO/IEC 42001 Matters for AI Organisations?

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12 September 2025

16 mins

Episode 01: Why ISO/IEC 42001 Matters for AI Organisations?

Risk Associates took the initiative to promote awareness of ISO/IEC 42001, the world’s first Artificial Intelligence Management Systems (AIMS) standard. In this effort, Waqas Haseeb, an AI management systems expert, joined our latest knowledge-sharing platform to shed light on its importance.

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Artificial Intelligence (AI) is no longer a futuristic concept, it is a driver of change across industries, shaping everything from healthcare to finance. But with its rapid adoption comes equally pressing questions: How can AI be managed responsibly? How do organisations balance innovation with trust and accountability?

This is where ISO/IEC 42001, the first international standard dedicated to Artificial Intelligence Management Systems (AIMS), makes its mark.

FAQs

What is the significance of ISO/IEC 42001 for organisations using AI?

ISO/IEC 42001 is the world’s first Artificial Intelligence Management Systems (AIMS) standard. It provides a structured governance framework for AI, helping organisations ensure fairness, accountability, security, and transparency across the AI lifecycle. Its significance lies not only in compliance but also in building trust with regulators, customers, and partners while improving operational maturity.

Who should watch the Risk Associates exclusive series on ISO/IEC 42001?

The podcast is highly relevant for leaders, compliance professionals, data scientists, and decision-makers across industries such as finance, healthcare, manufacturing, logistics, and technology. As Waqas Haseeb emphasised, ISO/IEC 42001 applies to any organisation using AI, not just technology companies, making this discussion essential for a wide audience.

Can this information be used as legal or certification advice, or as a substitute for engaging a recognised certification body?

No. The content is provided solely for informational and educational purposes. It should not be considered legal advice, certification guidance, or an official assessment, nor should it replace professional advice or formal engagement with a UKAS-accredited certification body.

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Episode 01: Why ISO/IEC 42001 Matters for AI Organisations?

Episode 01: Why ISO/IEC 42001 Matters for AI Organisations?

00:00: Introduction

01:15: What is ISO/IEC 42001?

02:31: Purpose behind the standard

03:34: Core Principles of ISO/IEC 42001

05:03: Importance of ISO/IEC 42001 at an organisational level

06:44: Foundational Principles

07:27: How does it support regulatory alignment

09:28: Competitive Advantages

11:07: Risk Management with ISO/IEC 42001

12:14: Role of Risk Associates

15:16: Closing Insights

FAQs