European Union: Published AI regulation proposal including service prohibitions of AI systems posing “unacceptable risk”
Description
Published AI regulation proposal including service prohibitions of AI systems posing “unacceptable risk”
On 21 April 2021, the European Commission published its proposal for laying down harmonised rules on artificial intelligence (AI Act). The “artificial intelligence system” is defined as a software developed for specific human-defined objectives that…
Scope
Policy Area
Authorisation, registration and licensing
Policy Instrument
Prohibition of goods and services
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
2023-12-09
under deliberation
2024-03-13
under deliberation
2024-05-21
adopted
2024-08-01
in grace period
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
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: production
Regulatory tool
Prohibition of market or source allocation arrangements
TBR - Prohibition
Sanctions
Fine
Regulated subjects
1
algorithm: ML/AI optimisation algorithm incl. matching, ranking, sorting: monetisation (any form)
Regulatory tool
Prohibition of market or source allocation arrangements
TBR - Prohibition
Sanctions
Fine
Regulated subjects
1