Regulation (EU) 2024/1689 on Artificial Intelligence establishes, for the first time, a binding legal framework for the development, marketing, and use of AI systems in the European Union. Its obligations are phased in, with a risk-based approach that applies to large companies as well as startups and SMEs operating with this technology.
At Letslaw, we support our clients with all aspects of the Regulation’s requirements: from the initial risk analysis of their AI systems to the preparation of the required technical and legal documentation, including the review of contracts with model providers, the integration of AI analysis into due diligence processes, and the training of internal teams. Our advisory services integrate compliance with the AI Regulation with existing obligations under the General Data Protection Regulation, as both regulations apply simultaneously to most systems that process personal data.
Comprehensive compliance service for companies that develop, integrate, or deploy AI systems. It includes a gap analysis against the Regulation’s requirements, the creation of a system inventory, the definition of internal procedures, and support in preparing all necessary legal documentation.
Specialized legal report analyzing a specific AI system: identification of its role in the AI value chain, classification of its risk level under the Regulation, determination of applicable obligations, and recommendations for compliance.
A package of contractual documentation for contracting AI providers, including mandatory clauses under the Regulation, an analysis of responsibilities regarding training data, and mechanisms for auditing and accountability to third parties.
Integration of regulatory risk analysis regarding AI into due diligence processes for M&A and investment transactions, as a specific component of the valuation of technology assets subject to the Regulation.
Technical and legal sessions on the Artificial Intelligence Regulation and its interaction with the GDPR, aimed at multidisciplinary teams within companies that need to understand the practical implications of the regulation for their daily operations.
If you are assessing how the AI Regulation affects your company or need guidance on where to start, you can conduct a preliminary analysis using the form below: