Download Free AI Governance Policy Template

The AI Governance Policy Template is a cornerstone of our expanding AI Governance Template Starter Kit—built to help organizations create clear, enforceable guardrails around the use of AI.

FairNow brings decades of real-world experience across AI, data science, compliance, and risk management. Each template draws from frontline work with regulators, internal governance councils, legal teams, and third-party vendors—capturing what it actually takes to govern AI in high-stakes environments.

This template delivers more than policy language—it offers a centralized governance framework to align Risk, Legal, Compliance, IT, and Procurement teams. It defines approval pathways, system accountability, documentation protocols, and cross-functional roles—bridging fragmented oversight into one unified approach.

Whether you’re building your first AI governance program or strengthening an existing one, this template gives your team a structured, practical foundation to move forward with clarity and control.

Cover Image for AI Governance Policy Template

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Template Page Count: 16 Pages

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Technical Language Level: Moderate

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Estimated Reading Time: 15-18 Minutes

FAQs for AI Governance Policy Template

What’s included in the free AI Governance Policy Template?

This editable 16-page template provides a comprehensive governance structure for managing AI systems across their lifecycle. It includes a clear policy statement, defined roles and responsibilities, governance oversight mechanisms, documentation requirements, and escalation procedures.

Why did we write this template on AI Governance Policy?

Most organizations lack a centralized policy that defines how AI should be governed internally. As regulatory pressure grows and internal adoption scales, teams need clear, codified processes to manage AI-related risks and responsibilities. This template fills that gap.

Why will you want to use the AI Governance Policy Template?

Because it’s built for real-world implementation. It helps you operationalize AI governance in a way that aligns with ISO 42001, the EU AI Act, NIST AI RMF, and other standards—without having to start from scratch.

What kinds of risks does an AI Governance Policy help reduce?

It helps mitigate:

Unclear or fragmented decision-making authority
Gaps in system documentation or change management
Lack of oversight around high-risk use cases
Compliance failures due to governance blind spots
Reputational harm from inconsistent governance practices

How is the AI Governance Policy enforced in practice?

The template establishes an AI Governance Council, outlines review workflows, and defines responsibilities for risk owners, model developers, legal, IT, compliance, and audit teams. It also supports periodic reviews, updates, and stakeholder accountability.