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Tagged with: #compliance

Posts tagged with #compliance demonstrate how to build compliance into your AI and cloud adoption strategy without sacrificing agility or innovation potential.

Navigating the AI Regulatory Maze: A Boardroom Survival Guide

Llantwit Major | Published in AI and Board | 14 minute read |    
Illustration of a maze split into two halves: one side representing traditional regulatory complexity with stone walls and paperwork, and the other depicting modern AI innovation with futuristic digital pathways. Board members strategically stand in the centre, navigating between regulation and AI. (Image generated by ChatGPT 4o)

The EU AI Act, which came into force on August 1, 2024, establishes significant penalties for non-compliance, including fines of up to €35 million or 7% of global annual turnover for serious violations. As regulatory frameworks for artificial intelligence rapidly evolve worldwide, Boards face a new imperative: navigating complex compliance requirements while maintaining the innovation speed necessary to compete.