This seventh instalment in the AI & Funds series revisits the six previous briefings issued when the law was still in draft and provides a comparative legal analysis of how the EU framework on artificial intelligence, ultimately promulgated as Regulation (EU) 2024/1689 (the “AI Act”), has settled in relation to investment funds.
The AI Act has a staggered application schedule that culminates in August 2027. Article 50 of the AI Act on transparency is the section most likely to be relevant to investment funds in practice; and this becomes applicable in August 2026.
The following six sections examine each prior insight in the order in which it was published, set out the contemporaneous position taken at the time of writing, and compare how the law ultimately developed to see whether the lacunae identified at that time were resolved.