Compliance Terms

AI Act

In Simple Terms

The EU's first comprehensive law regulating artificial intelligence systems based on the level of risk they pose.

Formal Legal Definition

Regulation (EU) 2024/1689 laying down harmonised rules on artificial intelligence, establishing a risk-based regulatory framework for AI systems placed on the market or put into service within the European Union.

Practical Example

An AI system used for recruiting must comply with high-risk requirements including transparency, human oversight, data governance, and conformity assessments before deployment.

Why It Matters

The AI Act creates the world's first comprehensive legal framework for AI, setting global standards and affecting any organization deploying AI systems in the EU market.

Related Terms

How snowLEX helps with AI Act

snowLEX helps you understand AI Act risk classifications, compliance requirements, and how the regulation interacts with existing laws like the GDPR.

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