Adapting the Lamfalussy Procedure for AI Regulation in the European Union: A Multi-Level Framework Combining Flexibility and Legal Certainty
The EU AI Act 2024 suffers from regulatory lag: static legislation cannot match Generative AI's exponential evolution. This paper proposes Lamfalussy 2.0, adapting the 2001 financial markets framework to AI governance through four levels: Level 1 (immutable principles: safety, transparency, non-discrimination), Level 2...