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ARTICLE · 22 OCTOBER 2024

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Navigating AI With Pestalozzi – Part 2: Regulation

Pestalozzi
Pestalozzi
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Pestalozzi

Pestalozzi

Pestalozzi is a multicultural Swiss business law firm focusing on high-end work for domestic and...

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Identify and review the relevant legal framework for your company by reviewing specific contracts or the AI provider's terms and conditions for an applicable law clause.

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Key Takeaways

  • Identify and review the relevant legal framework for your company by reviewing specific contracts or the AI provider's terms and conditions for an applicable law clause. In addition, assess where your AI providers and customers are located, and the geographic reach of the personal data streams and IP rights involved.
  • If Swiss law is applicable: Switzerland does not have an overarching regulation concerning AI. Instead, AI applications are governed by the existing legal framework.
  • Assess whether your company is subject to the extraterritorial reach of the EU AI Act due to an EU connection.
  • Update yourselves regularly about new regulations and interpretations of existing regulations from federal authorities, as the regulatory landscape is currently changing rapidly.

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