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European Union › Technology Sector › Risk Management

The European Union is an economic and political partnership comprised of 27 nations within the Eurozone. The EU was established in 1948 to promote stability and cooperation among member states in the aftermath of... more +
The European Union is an economic and political partnership comprised of 27 nations within the Eurozone. The EU was established in 1948 to promote stability and cooperation among member states in the aftermath of WWII. The EU maintains a common currency as well as several intranational institutions, including the European Parliament and the European Commission. less -
A&O Shearman

Zooming in on AI – #4: What is the interplay between “Deployers” and “Providers” in the EU AI Act?

A&O Shearman on

One of the key aspects of the EU AI Act (“AI Act”)[1] is linked to the qualification of providers and deployers and the nuances which help distinguish between the two categories of stakeholders. What would this mean in...more

Skadden, Arps, Slate, Meagher & Flom LLP

The Informed Board - Summer 2024

Skadden, Arps, Slate, Meagher & Flom LLP on

Across industries, companies are facing new and uncertain regulatory pressures and demands in areas including artificial intelligence, sustainability, algorithmic pricing and fintech-bank relations. In this issue of The...more

Skadden, Arps, Slate, Meagher & Flom LLP

AI Safety: The Role of the Board in Assessing and Managing AI Risk

Skadden, Arps, Slate, Meagher & Flom LLP on

As AI systems become more complex, companies are increasingly exposed to reputational, financial and legal risk from developing and deploying AI systems that do not function as intended or that yield problematic outcomes. The...more

Bass, Berry & Sims PLC

EU’s AI Act – Coming to an AI Near You

Bass, Berry & Sims PLC on

On August 1, the European Union’s Artificial Intelligence Act (Act) entered into force. This groundbreaking legislation is set to be implemented in stages over the coming years and is expected to have a profound impact on the...more

A&O Shearman

Zooming in on AI: When will the AI Act apply?

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EU Regulation 2024/1689, also known as the Artificial Intelligence Act (AI Act), enters into force as of 1 August 2024. But when will it become applicable? The AI Act sets out a harmonized legal framework for the...more

A&O Shearman

AI Act published in EU Official Journal to enter into force on 1 August 2024

A&O Shearman on

On 12 July, 2024, the Regulation (EU) 2024/1689 laying down harmonised rules on artificial intelligence (the ‘EU AI Act’) was published in the official Journal of the European Union. The EU AI Act aims to establish a...more

King & Spalding

EU Artificial Intelligence Regulation Published - What You Need to Know

King & Spalding on

Friday, July 12, 2024, the EU published the new EU Artificial Intelligence Regulation, which is first EU AI Regulation worldwide setting requirements concerning safety and free movement of goods and services using AI...more

BCLP

Navigating the FemTech Regulatory Landscape: Best Practice & Future Developments

BCLP on

The stakes are high for FemTech – as Benjamin Franklin noted: ‘it takes many good deeds to build a good reputation and only one bad one to lose it.’...more

Littler

EU AI Act Will Formally Become Law and Provisions Will Start to Apply on a Staged Basis

Littler on

As previously discussed, in March the European Parliament approved the EU Artificial Intelligence Act (the “Act”), creating the world’s first comprehensive set of rules for artificial intelligence. On July 12, 2024, the Act...more

A&O Shearman

AEPD and EDPS publish report on data protection issues arising from the handling of neuro data

A&O Shearman on

On 27 June 2024, the Spanish supervisory authority (‘AEPD’) and the European Data Protection Supervisor (‘EDPS’), announced the joint publication of a report addressing the data protection challenges associated with neuro...more

McDermott Will & Emery

European Commission Seeks Feedback on NIS2 Draft Cybersecurity Measures

McDermott Will & Emery on

WHAT HAPPENED: On June 27, 2024, the European Commission published for feedback a draft implementing act (draft implementing act) under the Network and Information Security 2 Directive (NIS2). It specifies cybersecurity...more

King & Spalding

EU AI Office Announces Organizational Structure & Hosts First Webinar

King & Spalding on

Last month the European Commission (“EC”) announced organizational details regarding the recently formed EU AI Office. Initially launched in January 2024 through the EC’s AI innovation package, the EU AI Office (“AI Office”)...more

White & Case LLP

AI Watch: Global regulatory tracker - OECD

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The OECD's AI recommendations encourage Member States to uphold principles of trustworthy AI. Laws/Regulations directly regulating AI (the “AI Regulations”) The OECD's Recommendation of the Council on Artificial...more

White & Case LLP

AI Watch: Global regulatory tracker - Spain

White & Case LLP on

Spain creates Europe's first AI supervisory agency and actively participates in EU AI Act negotiations. Laws/Regulations directly regulating AI (the “AI Regulations”) Currently, there are no specific laws, statutory...more

Wilson Sonsini Goodrich & Rosati

EU AI Act Is Now Adopted

Wilson Sonsini Goodrich & Rosati on

On May 21, 2024, the Council of the European Union (the Council) formally signed off on the latest draft of the European Union’s (EU) Artificial Intelligence Act (AI Act) (see the press release here). This marks the final...more

White & Case LLP

AI Watch: Global regulatory tracker - France

White & Case LLP on

France actively participates in international efforts and the EU AI Act negotiations, and proposes sector-specific laws. Laws/Regulations directly regulating AI (the “AI Regulations”) Currently, there are no specific...more

Goodwin

Series 2: How to Determine Your Risk Category and What It Means to Be ‘High-Risk’

Goodwin on

The new EU Artificial Intelligence Act (“AI Act”) is a risk-based framework, ranging from outright prohibitions on certain types of systems to light regulation of others. The AI Act sets out to define AI systems, their levels...more

Society of Corporate Compliance and Ethics...

The EU AI Act: A comprehensive guide for organizations

Society of Corporate Compliance and Ethics... on

The EU recently introduced the AI Act, landmark legislation aimed at regulating artificial intelligence (AI) technologies. This article provides an in-depth overview of the EU AI Act, its implications for organizations, and...more

Ankura

The EU’s AI Act: Obligations of AI Users and GDPR Article 35

Ankura on

In December 2023, European Union (EU) lawmakers reached an agreement on the EU AI Act. In our article titled An Introduction to the EU AI Act, we focused on applicability, thresholds, timing, and penalties related to the EU...more

McDermott Will & Emery

The Impact of the New EU AI Act on the Medtech and Life Sciences Sector

McDermott Will & Emery on

As technology continues to advance almost every aspect of healthcare, so the use of AI has become an increasing focus for developers and the regulators who are racing to keep pace with rapid advancements in technology. ...more

WilmerHale

Prohibited AI Practices - A Deep Dive into Article 5 of the European Union’s AI Act

WilmerHale on

This blog post focuses on Artificial Intelligence (AI) practices prohibited under the EU AI Act. Article 5 of the AI Act essentially prohibits AI practices that materially distort peoples’ behavior or that raise serious...more

Dorsey & Whitney LLP

AI regulation introduced in Europe - setting the way forward for the rest of the world or slowing down the adoption of new tech?

Dorsey & Whitney LLP on

The EU AI Act, which was passed by the European Parliament on 13 March and is set to become law later this year, will probably be the world’s first legislation to introduce a general regulatory framework for artificial...more

Bass, Berry & Sims PLC

EU Parliament Adopts Act Regulating the Use of Artificial Intelligence

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On March 13, the European Parliament voted to adopt the Artificial Intelligence Act (Act), nearly three years after it was initially proposed. Once the European Council adopts the Act, and after final legislative formalities,...more

Baker Donelson

Who's Who under the EU AI Act: Spotlight on Key Actors

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Who will play the leading role if we make a new series about AI? If you interview Steven Spielberg, Sundar Pichai, and Sam Altman, you might receive three distinct ideas ranging from the 2001 classic "AI: Artificial...more

J.S. Held

2024 J.S. Held Global Risk Report: Environmental, Social & Corporate Governance (ESG)

J.S. Held on

The extraterritorial expansion of ESG laws and policies will reach a significant turning point in 2024. Investors, government regulators, and consumers are demanding greater transparency and disclosure when it comes to a...more

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