AI Regulation: The EU’s AI Act and Other Global Regulatory Developments

The EU AI Act has entered into force as of 1 August 2024, and is in the process of a staggered roll-out that will ultimately regulate general-purpose AI models and high-risk and regulated AI implementations. The Act primarily aims to create a regulatory infrastructure that will seek to manage and mitigate the risks arising from high-risk AI typologies, while prohibiting specific AI applications that have been deemed to be incompatible with the broader public interest, and literacy in the subject of AI regulation is, unquestionably, fundamental for any professional or business likely to interact with AI or that is looking to implement AI into their own workstreams.

While the provisions of the EU AI Act have yet to become completely applicable, its provisions have already begun to influence the development of AI technologies in the EU and abroad. The focus of the session will be to introduce the attendees to the notions and principles at the heart of the AI Act, and the practical process that one can apply to discern whether an AI technology is likely to fall within or outside the scope of the AI Act. The session will also aim to provide a practical analysis of the regulatory framework and the critical regulatory priorities of persons seeking to develop or implement AI technologies following within scope of the AI Act.

The Speaker

Gianluca Busuttil is a senior manager within the Tax team at Deloitte Malta, specialising in regulatory compliance and developing areas of regulation in fields including artificial intelligence and digital services. Gianluca has followed the development of artificial intelligence regulation since the commencement of their discussion at an EU level and has experience in the practical perspective of AI regulation.