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Financial Regulation

EU AI Act (E25_EUAI_2_p.24)


Description
The European Union's (“EU”) artificial intelligence (“AI”) Act (the “EU AI Act”) represents a landmark legislative initiative designed to govern the development and deployment of AI technologies within the EU. Recognizing the transformative potential of AI and the need for responsible and ethical use, the EU AI Act aims to establish a comprehensive regulatory framework. This framework seeks to balance fostering innovation with safeguarding fundamental rights and societal values.

The impetus behind the EU AI Act lies in addressing the ethical concerns associated with AI, such as bias, discrimination, and the potential impact on privacy. By laying down clear guidelines and standards, the legislation aims to instil trust in AI systems, promote transparency, and ensure that AI technologies align with European values.

Learning Outcomes

  • Understand the key provisions of the EU AI Act and its significance in governing AI technologies within the European Union.

  • Identify the ethical concerns associated with AI, including bias, discrimination, and privacy implications, and comprehend how the EU AI Act addresses these concerns.

  • Analyze the balance between fostering innovation and safeguarding fundamental rights and societal values within the regulatory framework of the EU AI Act.

  • Evaluate the impact of the EU AI Act on the development, deployment, and adoption of AI technologies across various sectors within the EU.

  • Assess the role of transparency and accountability in ensuring the responsible use of AI systems as mandated by the EU AI Act.

  • Explore the mechanisms for compliance and enforcement outlined in the EU AI Act and their implications for businesses, organizations, and developers working with AI technologies.

  • Critically examine the alignment of AI technologies with European values and the implications for global AI governance and standards.

  • Discuss case studies and real-world examples illustrating the application of the EU AI Act and its effectiveness in addressing ethical concerns and promoting trust in AI systems.

  • Develop strategies for stakeholders to navigate the regulatory landscape established by the EU AI Act while fostering innovation and ethical AI practices.

  • Propose recommendations for potential amendments or enhancements to the EU AI Act based on emerging technological advancements and evolving ethical considerations in the field of AI.

Content
  • Module 1: Introduction to the EU AI Act
  • Module 2: Core Requirements of the EU AI Act
  • Module 3: Governance and Conformity Assessment
  • Module 4: Data Governance and Privacy
  • Module 5: Human Oversight and Ethical AI
  • Module 6: Documentation and Record-Keeping
  • Module 7: Enforcement and Penalties
  • Module 8: Case Studies and Practical Implementation
  • Disclaimer
Completion rules
  • All units must be completed
  • Leads to a certificate with a duration: Forever