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Extraterritoriality Rules European Commission Artificial Intelligence

Goodwin

EU AI Act: Key Points for Financial Services Businesses

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The European Union (EU) Artificial Intelligence Act (AI Act), Regulation (EU) 2024/1689 of the European Parliament and of the Council of 13 June 2024 laying down harmonised rules on artificial intelligence and amending...more

WilmerHale

The European Parliament Adopts the AI Act

WilmerHale on

On March 13, 2024, the European Parliament adopted the Artificial Intelligence Act (AI Act). It is considered to be the world’s first comprehensive horizontal legal framework for AI. It provides for EU-wide rules on data...more

Goodwin

EU AI Act: Foundation Models and Almost at the Finish Line

Goodwin on

On 11 May 2023, the European Union’s landmark AI Act took a giant leap forward as the EU Parliament's Internal Market Committee and the Civil Liberties Committee (EU Parliament) approved their compromise text. The draft AI...more

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