IRELAND Law and Practice Contributed by: Philip Tully, Emma Doherty, Geraldine Carr, Simon Shinkwin and Carlo Salizzo, Matheson LLP
EU AI Act The EU AI Act was endorsed by all member states in February 2024. The law will become applicable on a phased basis up to summer 2027. It imposes differing obligations according to the classification of the AI system, with four cate - gories: (i) unacceptable risk (prohibited); (ii) high risk; (iii) limited risk; and (iv) minimal risk. The obligations on “Providers” and ”Users” (busi - ness users rather than end-users) of AI systems range from transparency to risk management and data governance.
of employer contributions will form part of the standards. Where an employer fails to comply with their obligations under the legislation, they may be subject to prosecution, fines and penal - ties. Technology and Data Protection Law EU Data Act The EU Data Act became law on 11 January 2024, and it will become applicable in Septem - ber 2025. It is a key part of the European data strategy of 2020, alongside the Data Govern - ance Act and EU GDPR. The overarching goal of the Data Act is to facili - tate reliable and secure access to data, fostering its use in key economic sectors and areas of public interest, and to remove the power imbal - ance between providers and customers in the cloud market through increased transparency. Key features include transparency requirements, regulation of smart contracts, interoperabil - ity, and new rules relating to virtual assistants, switching cloud services, and the Internet of things (IoT).
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