AI and data are being increasingly regulated around the globe
As the impact of new technologies and business models has been observed over the past decades, regulators began developing policy solutions to manage risks and enable positive innovation. The trend towards regulating AI is visible globally. Some examples of such laws include the EU’s AI Act, the Digital Services Act, the Digital Markets Act, the Canadian Artificial Intelligence and Data Act (AIDA) or the US 14110 Executive Order on Safe, Secure, and Trustworthy Development and Use of Artificial Intelligence. Each of these require AI innovators and users to be aware and ready to meet new legal requirements.
The EU AI Act can be challenging to comply with
The AI Act, adopted by the EU, is the world’s first comprehensive regulatory framework for AI. It has gone through a lengthy legislative process and its requirements will come into force in phases between the years 2024 and 2027.
PwC Czech Republic offers an AI Compliance Tool to help guide you navigate the complex regulatory AI landscape in response to the EU’s AI Act. The tool would guide your technical, business and risk and compliance teams through the requirements of the AI Act and provide them with a single platform to cooperate and document the compliance of separate AI projects within your organisation.
AI Governance
Supporting your AI Act implementation in an auditable platform
Access to tailored guidance
Risk assessment & classification
A questionnaire to identify risk category of AI system under the AI Act and highlight other risk factors
Outcome: Risk classification
Modules & guidance
A set of modules to provide targeted guidance and questions with open space for answers and uploading evidence of actions taken.
Outcome: Completed and evidenced actions for compliance
Auditing & monitoring
A single place to access all evidence of the compliance and functioning of an AI system.
A platform to prompt and remind of regular monitoring of system operation after its deployment.
Outcome: Easy access to evidence and regular monitoring
This tool is not intended to, and does not, provide legal advice or a legal opinion. The tool also does not substitute for experienced legal counsel. PwC can, however, offer you legal advice through its Legal Services.
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As the AI Act gets closer to coming into force in phases between the years 2024 and 2027, it is set to bring about a new era of accountability, transparency, and responsibility in the AI domain. To navigate this complex landscape of AI implementation and governance, the following steps may be taken: