At a glance: The EU AI Act mandates specific compliance measures for companies developing or deploying AI systems effective 2 August 2024.
New compliance requirements from the EU AI Act take effect on 2 August 2024, which companies must observe when developing and deploying AI systems.
The EU AI Act provides for a phased entry into force. Starting 2 August 2024, the first compliance obligations will become effective, which companies must fulfil if they develop, place on the market or deploy artificial intelligence systems.
For Chief Data Officers and compliance officers, this means that the regulatory framework must now be implemented in practice. This particularly affects documentation obligations, risk assessments and governance structures. Companies must be able to demonstrate that their AI systems comply with the requirements and that the impacts on data protection, security and fairness have been adequately considered.
The specific compliance measures depend on the classification of the AI system. High-risk systems are subject to stricter requirements than systems with lower risk. Companies should review their AI portfolio from now on, document it and establish necessary internal processes to comply with the new obligations.
Source: news.google.com · Published 28 July 2026
Lumi AI News — AI-assisted curation pursuant to Article 50 EU AI Act. Paraphrase and classification via Lumi News Pipeline v1.7.3.