EU AI ACT CYPRUS

Oversight for a Smarter, Safer and Responsible AI

What is EU AI Act?

The EU AI Act (Regulation (EU) 2024/1689) is the world's first comprehensive law regulating artificial intelligence (AI) within the European Union, establishing a risk-based framework to ensure AI systems are trustworthy, safe, and uphold fundamental rights.  It applies to AI providers and deployers, imposing different obligations based on a four-tier risk system (unacceptable, high, limited, and minimal risk), with outright bans on unacceptable-risk AI and strict requirements for high-risk systems like those used in education or critical infrastructure.

Purpose of the AI Act

  • Ensure AI systems are safe and respect EU values

  • Create legal certainty for businesses using AI

  • Promote innovation while minimizing risk

  • Protect people from harmful or discriminatory AI applications

Scope: Who and What Is Affected?

  • Applies to providers, deployers, importers, and distributors of AI systems in the EU

  • Covers AI systems used in products, services, public administration, and more, including healthcare, finance, education, and law enforcement

  • Applies regardless of whether the provider is based inside or outside the EU, as long as the AI is used within the EU market

Who consider as a:

Deployer

Deployer

Importer

Importer

Operator

Operator

Distributor

Distributor

The AI Regulatory Framework

The four levels of risk

The European Union Artificial Intelligence Act (AI Act) introduces a pioneering regulatory approach to AI, based on a risk-based framework. This framework classifies AI systems into four categories of risk, structured like a pyramid: the higher the risk, the stricter the regulation.

Unacceptable Risk

High Risk

Limited Risk

Minimal Risk

Timeline

  1. 01/08/2024

    AI Act enters into force

  2. 02/11/2024

    Each Member State shall identify the public authorities or bodies responsible for protecting fundamental rights, and make a list of them publicly available. Member States shall notify the list to the Commission and to the other Member States, and shall keep the list up to date. (art. 77)

  3. 02/02/2025

    The following provisions started to apply:

    • Prohibited AI systems (art. 5)
    • AI system definition (art. 3(1))
    • AI literacy (art. 4)
  4. 02/05/2025

    Code of practice on general-purpose AI (GPAI) models is published  - art. 56 

  5. 02/08/2025

    The following provisions start to apply:

    • GPAI models (chapter V)
    • Notified bodies (chapter III, section 4)
    • Governance (chapter VII)
    • Confidentiality (art. 78)
    • Penalties (arts 99 and 100)

     

    The providers of GPAI models must comply with the AI Act.

    Note: providers that have placed GPAI models on the market before 2 Aug. 2025 need to comply with the AI Act by 2 Aug. 2027 (art. 111(3))

  6. 02/02/2026

    Deadline for Commission to provide:

    • guidelines outlining how the provisions on the classification of high-risk AI systems should be implemented in practice (art. 6(5))
    • a template for a post-market monitoring plan for high-risk AI systems (art. 72)
  7. 02/08/2026

    General date of application of the AI Act:

    • Except for the provisions on high-risk AI systems under harmonized EU law (art. 6(1) and 113, annex I), the remaining provisions of the AI Act begin to apply.
    • The AI Act only becomes applicable to AI systems that were put on the market before this date only if these systems are subject to significant changes after this date (art. 111(2)).

    Member states have a deadline to make sure that at least one national AI regulatory sandbox has been set up by their competent authorities. By this date, it should be operational and running. (Article 57(1))

  8. 02/08/2027

    AI Act provisions on high-risk AI systems under harmonized EU law start to apply (arts 6(1) and 113, annex I). Providers of GPAI models that had been placed on the market before August 2, 2025, must take the required actions to comply with the act by this date. (art. 111(3))

  9. 31/12/2030

    AI systems which are components of large-scale IT systems listed in annex X before 02 August 2027 should be compliant with the AI Act by 31 Dec. 2030 (art. 111(1))

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 Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley

Friday, 17 October 2025

Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.