On October 30, 2023, US President Biden announced a comprehensive Executive Order 14110 on the “Safe, Secure, and Trustworthy Development and Use of Artificial Intelligence” (see Fact Sheet). The Executive Order is primarily applicable to the US authorities, but is also likely to have an impact on the private sector.
Shortly after signing, the Office of Management and Budget (OMB) issued a Draft implementation guidelines (“OMB Guidance”) has been published for consultation.