On July 12, 2024, the European Union’s (EU) Artificial Intelligence Act (AI Act) was published in the Official Journal of the EU. This was the last step for the AI Act to become law. The AI Act will enter into force 20 days after the publication, i.e., on August 1.Continue Reading EU AI Act to Enter into Force in August
Laura De Boel
Updated: 10 Things You Should Know About the EU Artificial Intelligence Act
The Artificial Intelligence Act (AI Act) is the first comprehensive legislation that intends to regulate AI horizontally across all sectors in Europe. It will have far reaching consequences on all companies developing, implementing, or using AI solutions in the EU and beyond. These FAQs provide key information you should know before the AI Act is adopted, and some tips on what you can already be doing to prepare. To learn more, click here to read Wilson Sonsini’s updated FAQs.”Continue Reading Updated: 10 Things You Should Know About the EU Artificial Intelligence Act
NIS2: Preparing for EU’s New Cybersecurity Rules
The European Union (EU) has revised its Cybersecurity Directive (NIS2). The new rules will apply to a wide range of companies in many sectors, create new cybersecurity obligations, and impose high fines for noncompliance. EU countries have until October 17, 2024, to transpose the new rules. As the deadline approaches, companies should assess the impact on their cybersecurity strategy. This alert summarizes the key obligations for businesses.Continue Reading NIS2: Preparing for EU’s New Cybersecurity Rules
The EU AI Act Passes Another Hurdle Towards Becoming Law
On March 13, 2024, the European Parliament (EP) approved the latest draft of the European Union’s (EU) Artificial Intelligence Act (AI Act). Following this vote, the text will be sent to the Council of the EU (Council) for formal approval, after which the AI Act will officially become law. Once the AI Act starts to apply, it will introduce a swathe of new obligations for companies providing and using AI systems and general-purpose AI (GPAI) models in the EU, subject to hefty fines of up to EUR 35 million or seven percent of the total worldwide annual turnover, whichever is higher.Continue Reading The EU AI Act Passes Another Hurdle Towards Becoming Law
UK Privacy Regulator to Focus on AI, Cookies, Biometrics, and Children’s Privacy, and Consult on “Consent or Pay” Models
On February 28, 2024, the UK’s Information Commissioner (commissioner) confirmed that the regulator’s focus areas in 2024 will include artificial intelligence (AI), cookies, biometrics, and children’s privacy.Continue Reading UK Privacy Regulator to Focus on AI, Cookies, Biometrics, and Children’s Privacy, and Consult on “Consent or Pay” Models
The AI Act Just Got One Step Closer to Becoming Law
On February 2, 2024, a committee of ambassadors from all countries of the European Union (EU) approved the latest draft of the EU Artificial Intelligence Act (AIA or the Act). Following weeks of speculation that there could be a blocking minority of EU countries who had concerns about the final text, this vote confirms that the AIA has substantial support within the Council of the EU (Council). This means that the AIA has a good chance to become law within the coming months. For more information about the scope and requirements in the AIA, please see our client alert on last December’s political agreement on the AI Act, available here.Continue Reading The AI Act Just Got One Step Closer to Becoming Law
10 Privacy Predictions in the EU for 2024
In 2024, businesses will continue to face an evolving landscape of privacy opportunities and challenges, including an increasingly complex data regulatory environment that extends beyond the General Data Protection Regulation (GDPR). With heightened scrutiny from regulators, consumers, and investors, the need to bolster privacy and data management practices has become even more important. Here’s our top 10 list of what to watch for in the privacy and data regulatory space in 2024:Continue Reading 10 Privacy Predictions in the EU for 2024