EU AI Act Compliance for Businesses
Since August 1, 2024, the EU AI Act has been in force. Companies that use, develop, or distribute AI systems must classify, document and demonstrate compliance. The deadline for high-risk AI is August 2, 2026.
What is the EU AI Act?
The EU AI Act is the world's first comprehensive AI regulation. It classifies AI systems by risk level and sets binding obligations for each category – from technical documentation to risk management and transparency requirements.
Who does the EU AI Act affect?
- Companies using AI systems in the EU
- Providers and importers of AI products
- Operators of high-risk AI systems
- Manufacturers integrating AI into their products
The 4 Risk Levels at a Glance
- Social scoring systems
- Biometric mass surveillance
- Manipulation of vulnerable groups
- AI in critical infrastructure
- Recruitment AI
- AI in education & employment
- Medical devices with AI
- Chatbots & virtual assistants
- Deepfake systems
- Emotion recognition systems
- AI spam filters
- AI in video games
- Recommendation systems
Obligations for High-Risk AI Systems
Key Deadlines
Prohibitions for unacceptable risks take effect
GPAI model requirements apply
High-risk AI: full compliance required
High-risk AI in products: compliance required
Frequently Asked Questions about EU AI Act Compliance
What penalties apply for non-compliance?
Fines up to €35M or 7% of global annual turnover for the most serious violations. For lesser violations up to €15M or 3% of turnover.
Do I need to document all AI systems?
All AI systems should be inventoried. Full documentation is mandatory for high-risk AI and recommended for limited-risk systems.
What is an AI inventory?
An AI inventory is a complete list of all AI systems used in your organization, including description, vendor, purpose, and risk classification.
Does the AI Act apply to purchased AI tools?
Yes. As an operator you bear responsibility for AI systems you use – even if you did not develop them yourself.
EU AI Act Compliance with SimpleAct
SimpleAct guides you through all compliance requirements: create an AI inventory, classify risks, generate documentation, and export audit reports.
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