As AI systems increasingly impact society, the EU AI Act (AIA) is the first serious attempt to contain its less desired effects. Among others the act proposes audit as a mechanism and compliance products as tools for organizations to demonstrate compliance. In this paper, a framework for managing AI compliance, APPRAISE, is proposed. The framework is built upon the rationale that driving a balance between generating shareholder value through innovation in AI systems and managing compliance through organizational processes will eventually result in value that is responsible. By adhering to AIA compliance products, the framework operationalizes and hence safeguards compliance. Furthermore, a two-phase experiment with a limited scope is presented. The experiment aims to measure the extent to which companies coordinate technical elements of AI systems to ultimately comply with the AIA. In the first phase a survey is conducted and in the second phase the survey results are validated with a couple of respondents to generate additional in-depth insights and root causes.

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