FINOS AI Governance Framework v2.0 — What’s New and What’s Next

[Luca Borella]

Hi All,

As many of you saw at OSSF NYC, the v2.0 release of the AI Governance Framework (AIGF) is now available:

🔗 https://air-governance-framework.finos.org/

This release represents a major step forward. Building on the foundation established in v1, Version 2 introduces new guidance specifically focused on Agentic AI, reflecting both the rapid evolution of AI capabilities and the emerging risk landscape across financial services. A huge thank-you to all recent contributors, reviewers, and workshop participants. The depth and quality of this release are a direct result of your engagement. Well done all.

For further context, I'd recommend Colin's blog post https://www.finos.org/blog/finos-ai-governance-framework-v2.0-addressing-agentic-ai-risks-in-a-rapidly-evolving-landscape

So, what's next? Here are some of the priorities for our next phase of work:

• Ongoing refinement of mappings, particularly as global regulatory frameworks continue to evolve
• Deepening the Agentic AI workstream, including new controls, orchestration protocols, evaluation patterns, and risk models for systems with increasing autonomy.
• Collaboration with FINOS Common Cloud Controls to streamline implementation pathways and build traceability between cloud-native controls and AI governance requirements.
• Developing reference architectures and implementations that demonstrate what “good” looks like when applying AIGF controls to real AI systems 

Call to action:

• Take a look at the AIGF v2.0. If you find it useful, try applying it within your organisation (and I’d be very happy to discuss or support that effort) 
• At the very least, give the repo a ⭐️!
• Join the AI Readiness SIG to help tackle the next wave of AI challenges across financial services.

Thanks again to everyone involved!

Luca

--

Learn more about the FINOS AI Initiative:

• General overview: https://www.finos.org/ai
• AI Governance Framework v1.0 https://air-governance-framework.finos.org/
• AI Readiness Special Interest Group: https://www.finos.org/ai-readiness
• Applied GenAI: https://www.finos.org/applied-genai
• CC4AI (Common Controls for AI Services) PR