This white paper provides an in-depth exploration of AI governance through a legal and regulatory lens, tailored for corporate governance and compliance professionals. It examines emerging laws and standards across key jurisdictions, especially the European Union, the United States, and China, and explores their implications for multinational corporations.
Key findings include:
- The EU AI Act (2024) marks the first comprehensive, enforceable AI regulation, introducing a risk-based model and penalties of up to 7% of global turnover.
- The United States continues a decentralized approach, with over 1,200 AI-related bills introduced since 2023 but limited federal enforcement coherence.
- China’s AI regulations emphasize national security, content control, and data localization—creating stringent compliance expectations.