The EU AI Act - An Introduction to Risks, Compliance & More

Introduction

The EU AI Act will be one of the most influential pieces of legislation globally. It contains a complex and far-reaching set of regulations which will affect organisations in almost every jurisdiction.

With fines of up to 7% annual global turnover, the risks of contravention are serious, and it is likely that organisations will want to invest significant amounts in compliance.

Lawyers have a major role to play in helping their clients to understand and ultimately to comply with the EU AI Act’s highly technical requirements.

Join AI expert Jacob Turner in this virtual classroom seminar who will provide you with a basic overview of the EU’s AI Act and how this will apply in practice.

What You Will Learn

This live and interactive session will cover the following:

• What technology does the EU AI Act apply to?
• Definition of AI
• Who does the AI Act apply to?
• Providers
• Developers
• Distributors
• Importer
• Users
• What is the risk-based approach?
• Ban on unacceptable risk AI
• High Risk AI
• Transparency Risk AI
• Minimal Risk AI
• General Purpose AI (GPAI)
• Compliance requirements for High-Risk AI
• Providers
• Deployers
• Compliance requirements for GPAI
• Obligations for providers of all GPAI
• Meaning of ‘high-impact capabilities’
• Obligations for providers of GPAI with ‘systemic risk’
• Compliance requirements for Transparency Risk AI
• What governance mechanisms does the AI Act create?
• National Competent Authorities
• EU AI Office
• EU AI Board
• What are the penalties for non-compliance?
• When will the EU AI Act come into force?
• Practical tips and next steps

Recording of live sessions: Soon after the Learn Live session has taken place you will be able to go back and access the recording - should you wish to revisit the material discussed.