The Artificial Intelligence Act (AI Act), a landmark piece of legislation, was officially published in the Official Journal today, marking one of the most significant legislative achievements of the outgoing EU mandate. This Act will enter into force on 1 August 2024 and will become applicable in stages over a period of six to 36 months. The majority of its provisions will be in effect from 2 August 2026.
This new Regulation is considered the world’s most extensive legislative framework for AI developers, deployers, and importers, aims to ensure that AI systems introduced in the European Union’s internal market are secure, comply with existing laws on fundamental rights, and align with EU values.
To find out what the key obligations, timelines, enforcement are, please click through to our EU AI Act flyer here.
To guide you through the EU AI Act, our multi-disciplinary global team of AI experts has launched our EU AI Act Guide which summarises key aspects of the new regulation and highlights the most important actions organisations should take in seeking to comply with it. Serving a similar purpose as our GDPR Guide, our EU AI Act Guide is divided into thematic sections, with a speed-read summary and a list of suggested priority action points.
To access the guide, click here.