On July 12, 2024, the Proposal for a Regulation of the European Parliament and of the Council Laying Down Harmonised Rules on Artificial Intelligence (the AI Act), was published in the Official Journal of the European Union. The AI Act will enter into force 20 days after its publication on August 1, 2024. This landmark legislation is set to transform the AI landscape within the EU, imposing stringent compliance requirements. Many businesses are struggling to keep up with these new regulations, risking severe penalties and operational disruptions.
Non-compliance with the EU AI Act can result in significant fines, legal actions, and damage to your company’s reputation. The phased implementation deadlines add to the complexity, making it challenging to stay ahead of the compliance curve. The pressure is mounting as businesses must ensure that AI systems posing unacceptable risks are banned by February 1, 2025, and high-risk AI systems comply by August 1, 2026. Each deadline brings your business closer to potential risks if unprepared.
Numalis is your trusted partner in navigating the complexities of the EU AI Act. Our team of experts possesses in-depth knowledge of the regulation and can assist you in developing a comprehensive compliance strategy tailored to your specific needs. We offer a range of services to help you prepare for EU AI Act compliance, including:
– AI Explainability: Ensuring your AI systems decisions are transparent and human understandable
– AI Robustness: Formally demonstrate your AI systems ability to maintain their decisions despite perturbations on inputs
– Compliance Documentation: Preparing comprehensive documentation to demonstrate compliance with the EU AI Act following the highest standards
Don’t delay your compliance journey. Contact Numalis today to schedule a consultation and discuss how we can help you achieve EU AI Act compliance effectively and efficiently.
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Link to final text published on Official Journal of the European Union https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=OJ:L_202401689
