Annex III, point 5(a) is explicit: AI systems intended to evaluate the creditworthiness of natural persons or establish their credit score are high-risk. It does not matter whether it is logistic regression, gradient boosting, or a neural network. If it produces a score that influences lending decisions, Article 11 requires technical documentation under Annex IV. Nine documentation blocks. AICheck generates them in 45 minutes from your data. €249 one-time. Everything runs in your browser.
€249 one-time · 12-document ZIP · 45 minutes · Browser-side
Regulation (EU) 2024/1689 explicitly classifies creditworthiness assessment systems as high-risk. European fintechs have until 2 August 2026 to document all production systems that fall under Annex III.5(a). The EBA flagged AI-driven credit scoring as a supervisory priority in its November 2025 report.
You enter your system's data. AICheck structures the documentation per all nine Annex IV points.
Article 3(1) of Regulation (EU) 2024/1689 defines AI system broadly: a machine-based system that infers outputs that can influence decisions. A logistic regression or random forest that evaluates creditworthiness and produces a score influencing credit decisions fits the definition. It does not matter what you call it internally.
ISO 27001 covers information security. SOC 2 covers organizational controls. Annex IV of the Regulation requires AI-specific documentation: training data description (point 2(d)), performance metrics and limitations (point 3), bias analysis (point 2(g)), human oversight measures (point 4). These are separate obligations with no overlap with existing security certifications.
Annex III.5(a) classifies as high-risk systems intended to evaluate creditworthiness, not only those making the final decision. If your fintech produces the score the bank uses to decide, you are the AI system provider. The Article 11 documentation obligation is yours. The bank is the deployer — they have different obligations (Art. 26), not yours.
12 PDF documents generated from your data. Each cites the specific article of Regulation (EU) 2024/1689 it complies with.
Identifies your system as high-risk under Annex III.5(a) and determines your role as provider. Art. 6 + Annex III.
All 9 Annex IV points: description, purpose, training data, metrics, risks, human oversight. Art. 11 + Annex IV.
Signable document per Art. 47 and Annex V. Declares conformity with Chapter III obligations.
Key dates: 2 Aug 2026 (Annex III), post-market monitoring obligations, review deadlines. Art. 111.
Executive summary of your system's compliance status for authorities or clients.
QMS document structure required by Art. 17 for providers of high-risk AI systems.
Document you deliver to the bank or financial entity deploying your system. Content required by Art. 13.
Verifiable list of evidence supporting each Annex IV point. Basis for internal audit.
Serious incident notification protocol per Art. 73. Includes deadlines and reporting channels.
AI training plan for involved personnel per Art. 4 of the Regulation.
Model contractual clauses between provider and deployer for Chapter III responsibility allocation.
Template for documenting risk management committee meetings required by Art. 9.
Generated from your data, in your browser. No data leaves your device.
12 docs. 45 min. €249. The documentation your system needs before market placement.
If your scoring system falls under Art. 43.1, you may need third-party assessment. Separate process. AICheck does not replace it.
We do not sell audits. We do not sell consulting. We sell the tool that structures your documentation per Annex IV.
Article 99 of Regulation (EU) 2024/1689.
Art. 99.3. Up to €35 million or 7% of worldwide annual turnover, whichever is higher. For SMEs: the lower of the two.
Art. 99.4. Includes failure to produce technical documentation per Art. 11 and Annex IV.
Art. 99.5. Applies if submitted documentation contains incorrect or misleading data.
| Alternative | Cost | What you get |
|---|---|---|
| Regulatory consultancy for fintechs | €8,000–€15,000 | 3–6 months. Tailored report. |
| Specialised law firm | €5,000–€12,000 | Legal opinion. No technical documentation. |
| Ignore AI Act | €0 now | Up to €15M fine later |
| AICheck | €249 | 12 documents, 45 min |
If you need documentation for 5 or more systems, email us for volume pricing: hello@solidwaretools.com.
Request Volume PricingAICheck generates a document structured under Article 11 and Annex IV of Regulation (EU) 2024/1689 based on the information you enter. The truthfulness, accuracy and completeness of that information is your responsibility as provider of the AI system.
We guarantee that the document structure follows Article 11 and Annex IV of Regulation (EU) 2024/1689 and that the legal references cited are correct as of the latest verification date. We do not guarantee that a specific document will be accepted by a market surveillance authority in a specific case, nor by a commercial buyer in a procurement process.
AICheck is not legal advice. For specific situations, consult a lawyer or specialised regulatory consultancy.
Twelve documents. Annex IV fully structured. Regulation (EU) 2024/1689. Your data stays on your device. The ZIP you download is yours forever.