AI Regulation ReferenceDoes AI Basic Act require Risk Assessment?
South Korea • enforcing
Yes — 1 provision
Requirements at a glance
This regulation imposes 6 specific requirements for Risk Assessment across 1 provision:
- Risk identification — Operators must identify, assess, and mitigate risks for high-impact AI systems
- Compute threshold — Systems trained with ≥10²⁶ floating-point operations classified as high-impact
- High-risk sectors — 11 sectors including employment, healthcare, loans, criminal justice
- Self-assessment — Must self-assess high-impact status pre-deployment and seek authority confirmation
- Monitoring — Continuous monitoring of social impacts
- Safety and reliability — Ensure safety, reliability, and human oversight
High-Impact AI Risk Management #
Requirements
| Requirement | Details |
|---|---|
| Risk identification | Operators must identify, assess, and mitigate risks for high-impact AI systems |
| Compute threshold | Systems trained with ≥10²⁶ floating-point operations classified as high-impact |
| High-risk sectors | 11 sectors including employment, healthcare, loans, criminal justice |
| Self-assessment | Must self-assess high-impact status pre-deployment and seek authority confirmation |
| Monitoring | Continuous monitoring of social impacts |
| Safety and reliability | Ensure safety, reliability, and human oversight |
Penalties
| Violation | Fine |
|---|---|
| Non-compliance | Administrative corrective actions; one-year guidance period until Jan 2027 |