Navigating the AI Act: Preparing for the Challenges of the Latest EU Regulation

Fátima Correia da Silva
Fátima Correia da Silva Critical TechWorks

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Fátima Correia da Silva is an experienced lawyer with 16 years of experience in Compliance, Anti-Money Laundering, Fraud Investigations and Auditing. Fátima has worked abroad, namely in Africa for 9 years and since 2020 has assumed the Chief Compliance Officer and General Counsel position at Critical Techworks. She’s currently responsible for the leadership and management of the department and with responsibility and accountability for the identification, management and monitoring of compliance risk to which the company might be exposed. Focused in IP&TMT - trademarks and patents and Data Privacy, Fátima is focused in Technology and has developed her professional development around the different legal challenges associated with the area. Registered in the Association of Certified Fraud Examiners. Certified Data Protection Officer by the ICS and certified in ESG (Environmental, social and governance) by the Corporate Governance institute.

Description

The EU is setting the global standard for artificial intelligence regulation with the recent unveiling of the AI Act, the world’s first proposal for comprehensive AI regulations. These new rules set a goal of ensuring that AI systems used in the EU are safe, transparent, traceable, non-discriminatory, and environmentally friendly. The purpose of this regulation is to foster AI innovation while limiting the likelihood of negative outcomes. The penalty for violation is high—fines of up to €40 million or 7% of your company’s worldwide annual turnover. Do you know how your company will be impacted? Join us to break down the act into actionable priorities for your business to be sure you are ready when this law goes into effect.

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