On March 13, 2024, the EU Artificial Intelligence Act (the Act),
the world's first comprehensive legal framework on AI, was
approved by the EU Parliament after a vote from the plenary. The
Act will be formally adopted by European lawmakers, which is
anticipated to occur mid-April. Once the Act is published in the
EU's Official Journal, it will likely enter into force in May
and most of its provisions will take effect in two years (i.e.,
mid-2026). Certain prohibitions and obligations will take effect
before that point to reflect the risk-based approach of the Act.
Prohibitions of certain AI systems will apply from six months after
entry into force, the obligations in respect of high-risk AI
systems will apply from mid-2026, and obligations in respect of
certain general purpose AI (GPAI) systems apply
from mid-2025 (with the exception of providers of GPAI systems that
are currently available in the EU market, which must comply with
the applicable obligations from
