“You have a vendor program that works in partnership with departments, legal, risk, information technology, your financial systems, that communication really provides a platform for governance”

“Segregation of duties was established to establish control for purchasing vendor management, to create a database to identify key vendor details”

“Consideration will be given to risk sharing between the Government and the industry, including whether mechanisms for Government to capture a share of excess profits during favourable market conditions are appropriate”

“It would be helpful or useful for an organization to designate an AI governance lead. It effectively needs to cover various areas, IT, legal risk, HR, things like that.”

“You name an owner, build a small cross-functional team that includes people like IT, legal, and risk”