T327 · AI Governance · EU Regulation 2024/1689

EU AI Act Article 6 Risk-Class Mapper
, Financial Services

Classify your financial-services AI system under EU AI Act Annex III. Identifies Unacceptable, High-Risk, Limited, and Minimal risk tiers: with the precise legal basis, compliance obligations by article, enforcement deadlines, and a plain-English compliance brief.

Art. 5 Prohibited · Live Feb 2026 GPAI Art. 53 · 2 Aug 2026 Annex III High-Risk · 2 Aug 2027 Penalty: €35M / 7% turnover Zero PII · Client-Side
v1.0
2 February 2026 Article 5: Prohibited AI systems ● LIVE
2 August 2026 GPAI obligations (Articles 53, 55) ▲ UPCOMING
2 August 2027 Annex III high-risk + full framework ○ PENDING
2 August 2030 Annex I systems (existing EU law) ○ PENDING
Scope & reliance — 🔒 All inputs are processed locally in your browser. No data is transmitted. Do not enter real personal data — use synthetic or anonymised inputs only. Embedded rates, thresholds, and regulatory citations are static reference values that may age — verify against current primary sources and your own data before relying on any output for commercial, legal, or compliance decisions. Deterministic logic · no inference · zero PII · CC BY 4.0.
STEP 01 Select AI Use Case
Up to 200 characters. Used only in the exported compliance brief: not transmitted.
STEP 02 Context Qualifiers

These qualifiers surface nuance in the classification and shape the compliance obligations surfaced. They do not override Annex III list membership: which is determined by use-case type alone.

Select a use case and click Classify System to see the risk classification, obligations, and compliance brief.

Source Notes & Caveats

[1]EU Regulation 2024/1689 ("AI Act"), OJ L 2024/1689, 12 July 2024. Entry into force 1 August 2024. eur-lex.europa.eu
[2]Article 6 and Annex III: classification of high-risk AI systems. Financial services use cases covered under Annex III §5 (access to essential private services) and §1 (biometrics). EU AI Act, op. cit.
[3]Application timeline: Article 5 (prohibitions) effective 2 February 2026; GPAI obligations effective 2 August 2026; Annex III high-risk effective 2 August 2027. EU AI Act Article 113.
[4]Penalties: Article 99: up to €35M or 7% of global annual turnover (whichever higher) for prohibited AI; up to €15M or 3% for high-risk non-compliance; up to €7.5M or 1.5% for incorrect information.
[5]GPAI systemic risk threshold: 10²⁵ FLOPs training compute (Article 51). Providers must notify AI Office. Article 55 additional obligations apply.
[6]Article 6(3) derogation: high-risk AI already subject to conformity assessment under existing EU financial services law may benefit from streamlined procedures. Consult legal counsel for applicability.
[7]Caveat: This tool provides indicative guidance only: not legal advice. Use case classifications involve legal interpretation; consult qualified EU AI Act counsel before compliance decisions. Classifications are based on the text of EU Regulation 2024/1689 as published; implementing acts and guidance from the EU AI Office may refine classifications.