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Qlib EU AI Act Compliance Profile

microsoft · Visit website

Risk Classification
HIGH RISK
Art. 6-15, 26-29
High-Risk AI System
Model Info
Provider Info
Providermicrosoft
Categoryfinance
Visit website
Obligations
7apply
~96h effort
AI Literacy (Art. 4)
AI Disclosure (Art. 50)
Human Oversight (Art. 26)
Data Governance (Art. 10)
$ npx complior scan

Your risk depends on how you use Qlib

Usage ContextRisk LevelObligations
Internal coding toolMINIMAL3 obligations (~12h)
Customer support botLIMITED7 obligations (~32h)
HR screening / hiringHIGH19 obligations (~120h)
Credit decisionsHIGH19 obligations (~120h)
Medical triageHIGH19 obligations (~120h)

Why this tool is classified as HIGH RISK

Qlib is an AI-oriented Quant investment platform that aims to use AI tech to empower Quant Research, from exploring ideas to implementing productions. Qlib supports diverse ML modeling paradigms, including supervised learning, market dynamics modeling, and RL, and is now equipped with https://github.com/microsoft/RD-Agent to automate R&D process.

Applicable Articles

Art. 4AI Literacy (Art. 4)
REQUIREDDEADLINE PASSED
Obligation under Art. 4 for Qlib deployers.
Art. 50AI Disclosure (Art. 50)
REQUIREDDEADLINE PASSED
Art. 26Human Oversight (Art. 26)
REQUIREDAUG 2027
Art. 10Data Governance (Art. 10)
REQUIREDAUG 2027
Art. 27FRIA (Art. 27)
REQUIREDAUG 2027
Art. 9Risk Management (Art. 9)
REQUIREDAUG 2027

Who does what

microsoft (provider)Their job

  • Provider obligations being compiled

You (deployer)Your job

  • AI Literacy (Art. 4) (Art. 4)
  • AI Disclosure (Art. 50) (Art. 50)
  • Human Oversight (Art. 26) (Art. 26)
  • Data Governance (Art. 10) (Art. 10)
  • Robustness Monitoring (Art. 26) (Art. 26)
See full obligation checklist

Risk Assessment Reasoning

Qlib is used for algorithmic trading and financial decision-making, which can significantly impact financial markets and individual investors. This places it in a high-risk category under the EU AI Act due to potential risks related to market manipulation and financial stability.

Similar Models

Frequently Asked Questions

What is Qlib's EU AI Act risk classification?

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Qlib is classified as HIGH RISK under the EU AI Act. This means 7 mandatory obligations including conformity assessment, FRIA, and human oversight requirements.

What are my obligations if I deploy Qlib?

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As a Qlib deployer, you have 7 base obligations (~96 hours estimated effort). Key articles: Art. 4, Art. 50, Art. 26, Art. 10.

What is Qlib?

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Qlib is a Unknown model. It has 0 downloads on HuggingFace.

What are the EU AI Act deadlines for Qlib?

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Already passed: AI Literacy (Art. 4) — 2025-02-02. Already passed: AI Disclosure (Art. 50) — 2025-08-02. Upcoming: Human Oversight (Art. 26) — 2027-08-02. Upcoming: Data Governance (Art. 10) — 2027-08-02. Upcoming: Robustness Monitoring (Art. 26) — 2027-08-02. Upcoming: FRIA (Art. 27) — 2027-08-02. Upcoming: Risk Management (Art. 9) — 2027-08-02.

Check Qlib compliance in your codebase

One command to scan. Open-source CLI.

$ npx complior scan