Asset managers and fintechs face new compliance rules as €35m (US$36.2m) penalties loom for breaches of EU's sweeping AI ...

Unacceptable risk, high risk, limited risk and minimal risk The European Union’s (EU) Artificial Intelligence Act (AI Act), first unveiled in 2023, set a common regulatory and legal framework for the ...

Lawmakers in the European Parliament approved the AI Act in March last year after years of wrangling over the fine points.

The European Union has published guidance on what constitutes an AI system under its new AI Act. The risk-based framework for regulating applications of artificial intelligence came into force ...

World’s first comprehensive regulation: The European Union Artificial Intelligence Act (“EU AI Act”) entered into force on August 1, 2024.

The first compliance deadline kicked in a couple of days ago for the European Union’s AI Act, a risk-based framework for regulating uses of artificial intelligence — banning a narrow selection ...

The first set of rules banning high-risk AI systems under the European Union AI Act went into effect on Sunday. Starting this ...

Not that these systems have ever existed in the EU before. However, the AI Act, which came into force last August, ensures that such systems will not be used in the future. The ban will apply from ...

Certain AI use cases are now banned, and staff at companies that either provide or use the technology must have “a sufficient level of AI literacy.” As of Feb. 2, 2025, the first few ...

On Sunday, the deadline for prohibitions on certain AI systems and staff technology literacy requirements officially lapsed.

The first set of obligations as part of the European Union’s Artificial Intelligence (AI) Act kicked in on Sunday (2 February). Now, the Commission has published guidelines on prohibited AI ...

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 ...