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Artificial Intelligence in the EU will be regulated – the countdown to compliance begins

The EU AI Act will enter into force 20 days after publication in the Official Journal

 

The AI Act is an EU regulation which was adopted, and which lays down a uniform legal framework for the development, placing on the market, putting into service and use of artificial intelligence (AI) systems, in accordance with Union values. The new legislation is designed to support innovation and promote the uptake of human centric and trustworthy AI, while protecting against the harmful effects of AI systems by ensuring a high level of protection of health, safety, and fundamental rights, including democracy, the rule of law and environment.

The development and use of new technologies will be subjected to a risk-based and proportionate approach, and the new requirements will apply to all actors along the AI value chain and lifecycle, including developers and users.

The AI Act creates a new regulatory framework, which will not only create conditions to enter and remain in the market but will also have a significant impact on the reputation and positioning, competition, and associated opportunities, as well as the operation and liabilities of companies developing or using AI.

For a detailed overview of the AI Act and its implications, we invite you to read our publication, "The EU AI Act." This resource provides essential insights into the new requirements and the steps necessary for compliance.

We hope you find this publication helpful. Feel free to contact us to discover how Deloitte Legal can help you in your AI journey.

Get in touch

 

Simina Mut, Partner, Deloitte Legal Central Europe Leader
Email: smut@deloittece.com

Gregor Strojin, Deloitte Legal Central Europe AI Regulatory CoE Leader
Email: gstrojin@deloittece.com

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