22-12-2023
On December 9, 2023, the European Commission issued a press release expressing its satisfaction with the political agreement between the European Parliament and the Council on the Artificial Intelligence Act (AI Act).
The political agreement is currently awaiting formal approval from the European Parliament and the Council. Once approved, it will be published in the Official Journal and come into force 20 days later. The AI Act will become applicable two years after its entry into force, except for certain provisions. Prohibitions will apply after 6 months, while rules on General Purpose AI will apply after 12 months.
To bridge the transition period before the Regulation becomes effective, the Commission is initiating an AI Pact aimed at promoting early implementation of the measures expected in the AI Act.
