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In this factsheet Dr Barry Scannell and Leo Moore of William Fry LLP analyse Ireland’s AI Bill, outlining enforcement structures, penalties and compliance implications for businesses under the EU AI Act. The draft of the Regulation of Artificial Intelligence Bill 2026, representing the most important development in AI regulation in Ireland to date, sets out how the EU Artificial Intelligence Act will be enforced in Ireland, including fines of up to 7% of global turnover for the most serious breaches. For businesses operating in Ireland that develop, use, sell or import AI systems, it provides the first clear overview of the rules and regulatory framework for AI compliance.
Established in 1847 by founder William Fry, the firm has grown to become one of Ireland’s leading corporate law firms. With a team comprising over 350 legal and tax professionals and a workforce of over 500, their reputation rests on their expertise in key practice areas such as Corporate and M&A, Banking & Finance, Litigation & Investigations, and beyond. Their client-focused service extends to leading corporations, financial institutions, and government organisations, driving William Fry to handle complex transactions and disputes with excellence. William Fry are Ireland’s only representative member of Taxand, a global firm of tax advisors with more than 400 tax partners who are represented in 50 countries worldwide. Their expertise enables them to identify the critical issues that may impact your business, allowing William Fry to anticipate and help you avoid many of the challenges faced by businesses setting up in Ireland.