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ARTICLE · 29 JULY 2024

Artificial Intelligence | UK Regulatory Outlook July 2024

Osborne Clarke LLP
Osborne Clarke LLP
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The EU AI Act, effective from 1 August 2024, mandates compliance by February 2025 for prohibited AI practices. The UK, despite omitting an AI bill from the King's Speech, signals possible future regulations. The EU's amendment to the EuroHPC Regulation facilitates AI startup access to supercomputers.

United KingdomTechnology
John Buyers
John Buyers
Tom Sharpe
Tom Sharpe
Thomas Stables
Thomas Stables
Tamara Quinn
Tamara Quinn
Katherine Douse
Katherine Douse
Emily Tombs
Emily Tombs
James Edmonds
James Edmonds
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No AI bill in King's Speech | Regulatory Innovation Office | EU AI Act published in Official Journal of the EU

Summer call to action

With the EU AI Act becoming law on 1 August, the implementation timetable is now fixed. Businesses only have until 2 February 2025 to ensure they comply with the ban on prohibited AI practices and one year to prepare for compliance with the general-purpose AI regime. As for the UK, there is no sign of any regulation being brought forward yet, but there are indications that the new Labour government may bring forward legislation to put the AI Safety Institute onto a statutory footing sooner rather than later, despite there being no mention of this in the King's Speech. There is also the prospect of a new consultation on various aspects of AI to look out for.

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