The EU AI Act is the most comprehensive piece of AI legislation to date, and will be the first standalone piece of legislation worldwide regulating the use of AI. It will form a key consideration in AI governance programs and will have a significant impact on many organizations. Failure to comply with the act can potentially lead to fines of up to 7% of annual worldwide turnover.

To help clarify some of the most important details of this legislation, this eBook collects the top 10 most commonly asked questions from webinars DataGuidance co-hosted with Sidley about the EU AI Act. These questions include thorough breakdowns of important definitions, examinations of risk levels, and required assessments under the AI Act. You'll also learn ways you can determine what your role is in relation to an AI system and what your obligations are.

Preparing for the EU AI Act webinar

This eBook is based on your top questions asked at a recent reactionary webinar on the EU AI Act hosted by OneTrust DataGuidance and Sidley. In this webinar, industry experts covered initial reactions to the new political agreement on the EU AI Act following key negotiations by the European legislative bodies on December 6, 2023.

Key takeaways included:

• Understanding the key practical areas of the EU AI Act
• Insight into the interrelation between the EU AI Act and other frameworks
• How to develop AI governance around the EU AI Act

Download the eBook to explore your top questions about the EU AI Act including what is required under a fundamental rights impact assessment, how to navigate the act as a non-EU based business, and how an AI system is defined under the act. 

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