European Parliamentary Committees Adopt AI Act Text and Set Date for Plenary Adoption

European Parliamentary Committees Adopt AI Act Text and Set Date for Plenary Adoption

News
Europe
Airlie Hilliard

Ayesha GulleyAirlie Hilliard

11 May 2023

The EU AI Act is a landmark piece of legislation proposed by the European Commission in 2021 to regulate the AI systems available in the EU Market. Taking a risk-based approach to regulation, systems are classed as posing minimal risk, limited risk, high risk, or unacceptable levels of risk, with obligations proportional to the level of risk posed by a system.

After several iterations of the text, a general approach was adopted on 6 December 2022. This text was then debated and revised ahead of a European Parliament vote on 26 April 2023. A political agreement was then reached on 27 April ahead of a key committee vote on 11 May 2023.

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