The EU AI Act came into effect on 1 August 2024, and the first obligations under the Act will become applicable from 2 February 2025. Providers and deployers of AI systems must ensure that their employees and contractors...more
The Draft Code sets out various obligations relating to transparency, copyright compliance, and management of systemic risks for providers of GPAI models....more
Now that the EU AI Act has come into force, companies deploying high-risk artificial intelligence (AI) systems in the European Union (EU) must prepare to navigate a complex landscape of new obligations by 2 August 2027. This...more
The EU AI Office has just published a consultation on the topics that should be covered by the first general-purpose AI (GPAI) Code of Practice and a call for interest to participate in drafting the Code....more
Today marks a significant milestone in the regulation of artificial intelligence (AI) as the European Union (EU) AI Act is published in the EU Official Journal. This landmark legislation establishes the world’s first...more
After three years of legislative debate, the Council of the European Union cast its final vote on the European Union (EU) Artificial Intelligence (AI) Act on 21 May 2024. Once published in the EU Official Journal in June, the...more
As regulatory thinking evolves, firms must ensure that any current or planned use of AI complies with regulatory expectations.
As financial services firms digest FS2/23, the joint Feedback Statement on Artificial...more
A new publication from the UK’s financial regulator signals to firms that they should take steps to manage risks in the use of AI.
The UK’s Financial Conduct Authority (FCA) has published its latest board minutes...more
Artificial Intelligence has the potential to be the next transformational technology, and as adoption of AI-powered tools continues to increase, deal activity in the AI space will follow. Regulators and law makers are...more