The EU AI Act: What Does It Mean for Your Business?

AI Governance in Practice Webinar

Does being based outside the European Union mean your business is outside the scope of the EU AI Act? Not necessarily.

Where the Act applies, maximum fines for breaches involving prohibited AI practices can reach €35 million or 7% of worldwide annual turnover for the preceding financial year.

Jennifer Hegarty, Victoria Kliche, Caroline O’Sullivan, and Dan O’Callaghan explore what the Act means in practice for UK businesses, when its requirements may apply, and why AI governance matters for risk, reputation, and commercial confidence.

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Download the practical webinar recap.

What the Webinar Covers 

Building on our previous webinar, What Does Good AI Governance Look Like?, this session moves from the wider principles of AI governance to the practical implications of the EU AI Act. 

The webinar explores: 

  • How the EU AI Act may affect UK organisations, depending on their role and connection to the EU market  
  • Which obligations already apply and when later requirements take effect  
  • Why the purpose and context of an AI use influence its risk classification  
  • The importance of understanding where, how, and why AI is being used  
  • Practical considerations around accountability, risk assessment, competence, oversight, and evidence  
  • Where ISO/IEC 42001 fits, and what certification can and cannot demonstrate 

 

Our Expert Panel  

  • Jennifer Hegarty – General Manager Ireland and Chief of Staff  
  • Victoria Kliche – Group InfoSec Technical Manager  
  • Caroline O’Sullivan – Managing Auditor  
  • Dan O’Callaghan – Senior Account Executive 

 

The Role of ISO/IEC 42001 

ISO/IEC 42001 is an international management system standard that specifies requirements for establishing, implementing, maintaining, and continually improving an AI management system.  

It can support organisations in introducing a more structured approach to: 

  • Oversight and accountability  
  • AI-related risks and opportunities  
  • Roles, competence, and awareness  
  • Monitoring and review  
  • Continual improvement 

 

Explore ISO 42001 Certification

Speak to our team about ISO/IEC 42001 certification and request a quote.

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  • UKAS-accredited certification body – Your ISO certification will feature the Crown & Tick mark, demonstrating the assurance of government endorsement. 
  • Expert support – Our experienced auditors are with you every step of the way, and our team is here to support you whenever you need them.
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