I. THE PUBLICATION OF THE EU AI ACT, AND THE NEXT STEPS
The EU AI Act, which was finally approved on May 21st, was published in the Official Journal of the EU on July 12th. While the Act will officially be in effect 20 days after the publication, the specific enforcement dates for various obligations are outlined in Article 113 and detailed in the table below.
Please refer to BKL’s 2024.6.17. Newsletter on Highlights and Implications of EU AI Act for details on each obligation.
II. IMPLICATIONS
The delay in publication of the EU AI Act incited some hopeful speculation that the enforcement of the AI Act might also be delayed. However, the publication confirmed that the big-picture trend of regulating AI in the EU will continue.
It is now clear that Korean companies providing AI services in the EU must comply with the requirements of the AI Act under the schedule above, and should prepare to meet the deadlines. BKL will continue to provide analysis and advisory services in partnership with European law firms. Please contact us as below for any questions you may have.
