Artificial intelligence (AI) has transformed our daily and business lives in unimaginable ways. However, its rapid growth has also raised concerns about its ethical use and potential risks.
The E.U. has approved in extremis a new regulation on AI under the Spanish Presidency of the E.U. Council, which is expected to come into full force by the end of 2026. In this article, we provide you with essential information about the new regulation, and how it could impact your business or affect you as a consumer.
New European artificial intelligence (AI) regulation – key aspects
The regulation classifies AI systems according to their level of risk, paying particular attention to those of high risk to ensure security and privacy. In addition, the regulation significantly strengthens the protection of personal data, ensuring that the privacy and security of information is maintained at all times.
Another crucial aspect is its encouragement of innovation and development in the field of AI. While imposing restrictions to ensure respect for fundamental rights, it also boosts development for research purposes, paving the way for new technological breakthroughs. It establishes a governance framework to ensure that companies and entities using AI are accountable and comply with established standards, creating an environment of trust and security for everyone.
While the regulation will come into force in 2026, it will be implemented in phases: a European Office for Artificial Intelligence (EOIA) will be set up immediately, coordinating the use of the technology among national authorities. The regulation also provides for fines ranging from €35 million, up to €7.5 million.
Why choose Navas & Cusí as your law firm of reference in new technologies?
At Navas & Cusí, we have a successful track record in the regulation and legal defense to consumers and companies in the field of artificial intelligence and data protection:
- We have highly specialized lawyers, with a deep knowledge of EU regulations, who advise specifically on AI and privacy matters.
- We anticipate and address regulatory challenges. We identify risks associated with the use of AI systems and develop strategies to mitigate them, ensuring regulatory compliance.
- We identify the risks associated with the use of AI systems and develop strategies to mitigate them, ensuring regulatory compliance.
- We assist in the exploration of innovation and development opportunities within the EU legal framework.
- We have a global presence that allows us to provide legal advice and representation in international matters.
- We offer legal representation in new technology and intellectual property litigation, defending the interests of our clients.
- We have a global presence that allows us to provide legal advice and representation in international matters.
Conclusions
The pioneering new regulation on Artificial Intelligence (AI) represents a balance between regulation and innovation, not only protecting EU consumers and citizens, but also setting a standard that could influence global AI regulation. This regulation addresses two of the most critical issues in this field: security and privacy. For businesses and consumers, it implies a significant change, as companies developing and using AI will need to conform to these new provisions. However, this also opens up new opportunities. At Navas & Cusí, we are equipped to assist our clients in maximizing these opportunities, while ensuring compliance with the new regulations. With the progressive implementation of these regulations, we offer our expertise as artificial intelligence lawyers to guide our clients through this new and exciting legal landscape.
