March 2024 – On March 13th the EU
Parliament adopted the AI Act, marking a significant milestone
in shaping the region's AI landscape. The Act will be published
in the Official Journal of the European Union, and 20 days after
publication, the AI Act will enter into force.
Although it will take two full years until the grace period
passes and almost all provisions will be applicable, AI providers
should be aware of the detailed schedule of applicability. In
addition, as the AI Act has extraterritorial scope, it does not
only concern the 27 Member States of the European Union, but any AI
provider worldwide whose AI systems are placed on the market or put
into service in the EU.
The first deadline expires in six months, as the rules
concerning prohibited AI systems will enter into force soon after
the adoption of the AI Act. This means that AI manufacturers need
to prepare their risk assessments and determine by this deadline
whether their AI systems pose an
