8 December 2023 was a historic moment for AI regulation in Europe. Following three days of extensive debates, the EU Parliament, Council and Commission finally announced a provisional agreement on the EU AI Act, the bloc’s landmark legislation regulating the development and use of AI in Europe. It is one of the world’s first comprehensive attempts to regulate the use of AI.
President Biden’s issuance of the Executive Order on Artificial Intelligence (AI) on 30 October 2023 marks a significant legislative stride in AI regulation. This directive, extending beyond the US, has profound implications for European businesses and the EU’s regulatory landscape on AI.
After three days of extensive final debate the EU Parliament, Council and Commission finally announced provisional agreement on the EU AI Act, the bloc’s landmark legislation regulating development and use of AI in the European Union. It is one of the world’s first comprehensive attempts to regulate the use of AI.
The EU AI Act awaits formal adoption by both Parliament and Council before it will become EU law.
The proposed law which regulates the use of Artificial Intelligence in Brazil considers a risk-based approach inspired by the EU AI Act and looks at high, medium and low risk obligations and liabilities.
The capabilities and use cases for AI and ML are moving at lightning speed, and the law is trying to catch up. Legal, compliance and governance functions must manage risk and develop processes and policies for AI projects that work with the law as it is today, while also anticipating the coming wave of legal, regulatory and technological change.
In this webinar series, our EMEA team discussed the IP and data privacy issues raised by AI, the developing regulatory landscape and practical issues when contracting for AI.
In this virtual event, Baker McKenzie lawyers shared their views and covered topics on how companies can protect their digital property, how digital solutions can be safely utilized and the regulatory implications of data usage for a business. Guest speakers also discussed considerations on how they are dealing with an ever-evolving digital environment and the regulatory implications to consider when organizations adapt new technologies and manage data usage.
The German Bundestag passed the German Whistleblower Protection Act on 16 December 2022. After initially not being expected to be passed this year, the bill did make it onto the agenda of the last session day of the year at short notice and was passed in a version amended by the Legal Affairs Committee (Rechtsausschuss) with the coalition’s majority. The next step is for the Bundesrat to approve the bill. However, this is not expected until the first plenary session in February 2023 at the earliest.
Our upcoming “Deciphering Digital Transformation for Industrials” seminar on 14 February 2023 provides an opportunity to hear directly from Baker McKenzie’s digital transformation specialists and industrial leaders on their experience implementing digital change and insights on what risks to avoid for a successful transition.
On 21 September 2022, colleagues from the German Baker McKenzie offices will host a webinar exploring current developments in German and European Antitrust Law. The event will be in German only.
In March 2022, Baker McKenzie’s Data Privacy & Security Team across offices presented the Asia Pacific edition of Deciphering Data, the Firm’s webinar series that aims to help companies and organisations decode complex developments in data privacy and cybersecurity. Our diverse team of cross-border experts offered their expertise and insight in this webinar series to help you understand the legal lay of the land and prepare for the future of privacy in Asia Pacific and beyond.