News & Analysis as of

European Commission Risk Management Enforcement

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

Akin Gump Strauss Hauer & Feld LLP

EU Ratifies Pioneering Artificial Intelligence Legislation

On May 21, 2024, the European Union finalized the adoption of the groundbreaking EU Artificial Intelligence Act, a comprehensive and sector-agnostic legislation that extends globally. This 420-page Act aims to regulate the...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

Bass, Berry & Sims PLC

EU Parliament Adopts Act Regulating the Use of Artificial Intelligence

Bass, Berry & Sims PLC on

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

Dechert LLP

Exploring DORA’s ICT Risk Requirements: Key Issues for Asset Managers

Dechert LLP on

DORA became law in December 2022 but provides for a grace period until 17 January 2025 for organisations to put in place the necessary measures to comply. The new rules will require engagement from both an operational and...more

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