Jord Goudsmit

AI Governance Expert at Deeploy

Get Your Organization Ready for the EU AI Act

Feeling the pressure of tight timelines and complex AI rules? Navigating the EU AI Act can be challenging. Book your free consultation with our AI Governance Expert, Jord Goudsmit, and get the clarity you need.

During the consultation, Jord will help you understand:

  • Whether your organization falls under the EU AI Act

  • How your organization is classified under the regulation

  • Which risk categories your AI models fall into

  • The specific obligations of your organization

  • The first steps toward compliance

Frequently Asked Questions

Who Needs To Comply With The EU AI Act?

The Act applies to any organization that develops, deploys, or imports AI systems within the EU, regardless of whether the organization is based within or outside the EU.

How Are AI Use Cases Regulated Under The EU AI Act?

The specific requirements depend on the classification of your AI systems. If your AI system is deemed high-risk, you will need to comply with stringent obligations, including risk management, data quality, transparency, human oversight, and robust documentation. Limited-risk AI systems require transparency measures, while minimal or no-risk systems have minimal obligations. It’s essential to assess your AI system’s risk category to determine the exact requirements.

Additionally, different AI actors have different responsibilities, with obligations varying depending on whether your organization is classified as a provider, deployer, or importer.

What Is The Timeline For Compliance With The EU AI Act?

The AI Act will enter into force at the beginning of August 2024. From then, prohibitions on unacceptable risk AI will apply within 6 months, provisions for general-purpose AI models will apply within 12 months, and all other provisions will apply within 24 months.

How Will The Regulation Be Enforced?

The regulation will be enforced by national authorities designated by each EU member state. These authorities will oversee compliance, conduct audits, and impose penalties for non-compliance.

What Are The Penalties For Non-Compliance?

Penalties for non-compliance can be significant, including fines of up to €30 million or 6% of the total worldwide annual turnover, whichever is higher.

Are There Any Exemptions Or Special Considerations?

Certain AI systems used for research and development may have specific exemptions or lighter regulatory requirements to encourage innovation while ensuring safety and ethics. On the other hand, credit institutions have some extra obligations.