EU Member States discussed the latest version of the French Presidency of the EU’s compromise text on Articles 56-58a and 63-69 of the proposed legislation on artificial intelligence (AI) (see EUROPE 12956/14) at a meeting of the EU Council Telecommunications Group on 10 May.
In the detail, the text makes several changes regarding the creation and structure of the future European AI Committee in order to strengthen its role and give it greater autonomy. It also clarifies the requirements for Member States within it.
Each representative should be appointed by their Member State for a period of 3 years, renewable once. The eight independent experts would be selected by the national representatives for a period of 3 years, renewable once.
Member States should also ensure that their representatives on the Committee have “the relevant competences and powers”, are designated as the single point of contact vis-à-vis the Committee and are empowered to facilitate coherence and coordination between the competent national authorities of their Member State with regard to the implementation of the Regulation.
For its part, the Committee will have its powers extended and could, for example, create permanent or temporary sub-groups, as necessary, to examine specific issues.
In addition, the Committee will have the task of advising the Commission in the preparation of delegated or implementing acts and cooperating with EU bodies, expert groups and networks, in particular in the areas of product safety, cybersecurity, competition, digital services, financial services, cryptocurrencies, consumer protection, data protection and fundamental rights.
Finally, the compromise document also returns to the issue of financial market supervision. On this point, the paper stresses that it will be up to the competent national authority responsible for financial supervision to monitor high-risk AI systems placed on the market, commissioned or used by financial institutions.
However, adds the French Presidency of the EU Council, another competent authority could be designated by a Member State - provided that coordination with the market supervisor is ensured - if the use of an AI system is “not directly related to the provision of financial services or in justified circumstances”.
See the document (in French): https://aeur.eu/f/1r4 (Original version in French by Thomas Mangin)