General Companies: AI Governance Outside Prudential Regulation · Triodian

General companies · outside prudential regulation

No supervisor. AI anyway.

The questions arrive from the board, the deal, the funder and the insurer.

Most companies are not regulated as AI users, and never will be. The pressure for a position, and for evidence, comes from closer to home: directors asking what the company will and will not let AI do, a transaction that has to stay out of external models, a lender or underwriter with a questionnaire, or plant that now acts without a person in the loop. Triodian runs the same method for all of them, with your general counsel and board adviser.

Private companiesNot-for-profitsMid-marketMining, manufacturing, defence, utilities

Not legal advice. Triodian records positions and states what documents show. Whether anything meets a legal obligation, and what your duties require, are questions for your counsel.

How they fit

The board sets the position. Everything else is measured against it.

Board Direction runs standalone for general companies: the board’s statement is the appetite, with no separate risk-appetite engagement to follow. Its confidentiality position feeds a later deal assessment, and the Obligations Atlas supplies the matter brief at set-up. For the regulated route, where the board’s directions feed a full appetite and a use assessment, see regulated entities.

01

Obligations

The Obligations Atlas lists the sources in scope for your entity type and jurisdiction. Counsel decides what applies.

02

Direction

The board resolves where it wants AI, what it rules out, what must come back to it, and who is accountable.

03

Exposure

When a deal is live, every channel to an external model is registered and the residual gap is marked.

04

Evidence

Findings, with their sources, in a form a funder, insurer or customer can read. You choose who fills any gap.

Who you work with

Your general counsel and board adviser lead. Triodian records.

Legal questions are logged in writing for counsel and never settled in the room. The board adviser facilitates and holds the relationship with the board. Triodian supplies the steps, runs the apps and brings the independent review. Each party earns from its own half; there are no referral fees. See how advisers work with Triodian.

Fees

Fixed fees, in Australian dollars.

Each engagement is a fixed fee, agreed before it starts. The fee covers the engagement run in the app suite with your general counsel and board adviser, the independent check and the hand-over. Legal advice is your counsel's, billed by them.

EngagementShapeFee
AI Obligations AtlasWeb app, REST API and MCP serverFree
AI Board DirectionOne workshop and one board meetingA$30,000
AI Confidentiality Exposure AssessmentTwo weeks, through counselA$40,000
AI Use AssessmentThree to four weeks, with independent reviewA$75,000
Standing supportTwo to three days a week, by the quarterA$18,000 a month

Fees are fixed at engagement for large organisations, exclude GST or VAT and travel, and are reviewed each quarter. Scope and fee for smaller organisations on request.