The UK has no AI Act. These are the rules it does have.
The UK chose sector regulators over a single statute, so there is no register to file and no Brussels deadline to hit. What there is: a PRA supervisory statement that expects regulated firms to keep a model inventory, and a transparency standard that central government departments must publish against. Qgentic keeps both. Risk tiers are computed from declared facts — a tier you assert that the matrix contradicts is refused.
Supports offline deployment. Includes sample data. Partner integration available.
Who This Is For
PRA-Regulated Firms
UK-incorporated banks, building societies and PRA-designated investment firms with internal model approval. SS1/23 has applied since 17 May 2024 and expects a complete model inventory with owners, tiering and a validation cycle.
Central Government Departments
Bodies subject to the Algorithmic Transparency Recording Standard, mandatory for central government since 2024. Both tiers of the record are validated before publication.
Firms Running Both
A regulated firm with public-facing algorithmic tools keeps one inventory and publishes ATRS records from it, rather than maintaining two lists that drift apart.
What Is Actually Enforced
✓ Model Risk Management
The model inventory as a structured record: identification, ownership, materiality, complexity and decision autonomy. The risk tier is computed from those facts. Validation cadences are tracked per model, and a model past its re-validation date is surfaced rather than buried — SS1/23 expects the re-validation, or a recorded reason.
✓ Algorithmic Transparency Records
The two-tier ATRS record, with required fields validated before anything is published. A record missing what the standard requires is refused at the gate rather than corrected after publication.
Operational Pipeline
- IngestionModel records are imported via file upload, CSV, or REST API from the systems that already hold them.
- TieringEach model's risk tier is computed from its declared materiality, complexity and decision autonomy. A declared tier that disagrees with the computation is rejected.
- ValidationThe engine enforces identifier and ownership completeness, FRN and LEI checksums, validation cadences, and ATRS field requirements.
- MonitoringModels past their re-validation date are surfaced on the console, alongside the firm's next validation and ATRS review cycles.
- Approval & ExportA designated user reviews and approves the inventory, generating a hashed attestation package.
What The Engine Refuses
A Tier That Does Not Follow
The tier is derived from materiality, complexity and decision autonomy. High materiality is tier 1. So is a fully automated decision. A declared tier that contradicts the matrix is a validation error.
A Model Nobody Owns
An inventory entry without a named owner is an inventory entry nobody will re-validate. It is refused at the gate.
A Publication Missing Its Fields
ATRS records are checked against the standard's required fields before they are prepared, so a gap is found here rather than in public.
Deployment Options
Model Inventory (Cloud)
Standard cloud deployment scaled to the size of the model estate.
ATRS Publisher
Dedicated tier for UK public bodies supporting up to 10 transparency records.
On-Premise Deployment
Annual software licence for air-gapped deployment on internal infrastructure.
Detailed pricing structures are available on the pricing page. A firm running both this and the EU AI Act module licenses one platform.
Frequently Asked Questions
Does the UK have an AI Act?
No. The UK's 2023 white paper chose a principles-based approach delegated to existing sector regulators rather than a single statute. Qgentic targets the instruments that are actually enforced: the PRA's SS1/23 model risk management principles and the Algorithmic Transparency Recording Standard.
What is SS1/23?
SS1/23 is a Bank of England supervisory statement on model risk management. It took effect on 17 May 2024 and binds UK-incorporated banks, building societies and PRA-designated investment firms with internal model approval. It expects a model inventory with risk tiering and a validation cycle.
How is a model's risk tier decided?
Deterministically, from the declared facts: materiality, complexity and decision autonomy. High materiality is tier 1, as is a fully automated decision or medium materiality with high complexity. A declared tier that disagrees with the computation is rejected rather than accepted.
What is ATRS?
The Algorithmic Transparency Recording Standard is the UK government's format for publishing how public-sector algorithmic tools are used. It has been mandatory for central government departments since 2024 and keeps a two-tier structure.
Where does the finished inventory go?
SS1/23 artefacts go to the firm's supervisor through its existing channel, and ATRS records publish through the government repository. There is no filing API to submit to, so Qgentic prepares, validates and hashes the package and the firm files it — the same boundary as the DORA register.
Does this govern models or document them?
It documents and classifies them. Qgentic does not inspect model weights or run model performance testing.
Demonstration Environment. The system can be evaluated offline using sample data. Contact sales to request a demonstration binary.