European Council Approves EU AI Act; Enforcement and Compliance Stages Outlined

May 21, 2024 at 2:06:24 PM

European Council Approves EU AI Act; Enforcement and Compliance Stages Outlined

The European Council has approved the EU AI Act, although it is not yet enforceable. The following steps will occur:

  • The legislative act will be published in the EU’s Official Journal in the coming days.
  • 20 days post-publication, the EU AI Act will come into force and its provisions will gradually take effect.
  • After 6 months, countries will be obliged to ban prohibited AI systems.
  • A year later, regulations for general-purpose AI systems will begin to apply.
  • The entire AI Act will be enforceable two years later.

Non-compliance penalties can reach up to 35 million Euros or 7% of worldwide annual turnover.

Q&A

Have more questions on this topic? Ask our AI assistant for in-depth insights.

Read more from sources 👇

Luiza Jarovsky
Luiza Jarovsky

Top Creator

Top Privacy & Compliance Creator

Luiza Jarovsky is a Top Privacy & Compliance Creator. Part of Swipe Insight Select, a curated list of top creators.

Top Privacy & Compliance Creator
- The European Council approved the EU AI Act, not yet enforceable. It will be published in the EU’s Official Journal soon... Visit Source Open external source URL

The Only Digital Marketing Feed You'll Ever Need.

Stay informed your way. Tailored updates when and how you want them. 100% Free.

10,000+ Users

500+ Sources

1000+ Tools

Or

Related Posts

Tired of spending too much time creating audits for your clients?

Tired of spending too much time creating audits for your clients?

Featured
Amazon Unveils Nova, New Family of Multimodal AI Models Trending ️‍🔥

Amazon Unveils Nova, New Family of Multimodal AI Models

About Amazon
About Amazon

Official Source

Official Source

About Amazon is a Official Source. The source has been verified by Swipe Insight team.

Official Source
Meta Introduces Andromeda: Next-Generation AI Retrieval System for Advertising

Meta Introduces Andromeda: Next-Generation AI Retrieval System for Advertising

Meta
Meta

Official Source

Official Source

Meta is a Official Source. The source has been verified by Swipe Insight team.

Official Source
ElevenLabs Launches GenFM for AI-Generated Podcasts from Various Content

ElevenLabs Launches GenFM for AI-Generated Podcasts from Various Content

ElevenLabs
ElevenLabs

Official Source

Official Source

ElevenLabs is a Official Source. The source has been verified by Swipe Insight team.

Official Source
Google to Test Removing Hotel Search Features in Europe to Comply with EU Regulations

Google to Test Removing Hotel Search Features in Europe to Comply with EU Regulations

Google
Google

Official Source

Official Source

Google is a Official Source. The source has been verified by Swipe Insight team.

Official Source
Google Faces £7 Billion Class Action Lawsuit in UK Over Search Dominance Abuse

Google Faces £7 Billion Class Action Lawsuit in UK Over Search Dominance Abuse

ElevenLabs Launches Conversational AI Agents

ElevenLabs Launches Conversational AI Agents

ElevenLabs
ElevenLabs

Official Source

Official Source

ElevenLabs is a Official Source. The source has been verified by Swipe Insight team.

Official Source
Justice Department Pushes Google to Spin Off Chrome Browser Trending ️‍🔥

Justice Department Pushes Google to Spin Off Chrome Browser

Related Tools

Marketing Auditor logo

Marketing Auditor

Verified Tool

Verified Tool

Marketing Auditor is a Verified Tool. Want to get this badge? Contact us.

Verified Tool

Automated audits for Google Ads and Analytics.

Get Featured Here

Showcase your tool in this list.

Contact Us
Thunderbit logo

Thunderbit

No-code AI apps and automations for business users

Workflow Automation
Formula Bot logo

Formula Bot

AI-powered data analysis and visualization tool

Data Analysis