European Union: Published AI regulation proposal establishes a European AI Board
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Description
Published AI regulation proposal establishes a European AI Board
On 21 April 2021, the European Commission published its proposal for laying down harmonised rules on artificial intelligence (AI Act) including the establishment of a European AI Board (Art. 56). The board shall advise the Commission in the development and implementation of the regulation also vis-a-vis the Member States. Furthermore, the Act mandates the Member States to designate competent authorities to supervise compliance with the obligations and requirements for “high-risk “ AI systems outlined in the regulation. The authorities will have access, upon request, to the source code of the AI systems to determine compliance with the AI Act.
Original sourceScope
Policy Area
Data governance
Policy Instrument
Data protection authority governance
Regulated Economic Activity
ML and AI development
Implementation Level
supranational
Government Branch
executive
Government Body
central government
Complete timeline of this policy change
Hide details
2021-04-21
under deliberation
2022-12-06
under deliberation
2023-05-11
under deliberation
2023-06-14
under deliberation
2023-12-09
under deliberation
Key regulatory dimensions
Regulated subjects
The businesses, government agencies or individuals affected by this policy or regulatory change.
producer / supplier
1
Type
Private organisation
Economic activity
ML and AI development
Category
All
2
Type
Governmental organisation
Economic activity
other service provider
Category
All
Policy change by business practice
The detailed activities within the scope of this policy or regulatory change.
algorithm: ML/AI optimisation algorithm incl. matching, ranking, sorting: creation (any form)
Regulatory tool
Creation of enforcement authority
Other oversight tool
Sanctions
Regulated subjects
2
Regulatory tool
Regulator reporting requirement
Regulator algorithm description requirement
Regulator cooperation requirements
Definition of oversight agency jurisdiction
Sanctions
Fine
Regulated subjects
1
algorithm: ML/AI optimisation algorithm incl. matching, ranking, sorting: monetisation (any form)
Regulatory tool
Creation of enforcement authority
Other oversight tool
Sanctions
Regulated subjects
2
Regulatory tool
Regulator reporting requirement
Regulator algorithm description requirement
Regulator cooperation requirements
Definition of oversight agency jurisdiction
Sanctions
Fine
Regulated subjects
1