The EU AI Act’s rules for General Purpose AI models came into force on August 2, 2025, and businesses must ensure compliance with its provisions. Companies are encouraged to update their compliance programs and adopt ISO 42001 to navigate the evolving regulatory landscape effectively.
As India’s financial institutions increasingly adopt artificial intelligence, regulators face the challenge of fostering innovation while maintaining systemic stability. The potential benefits of AI in finance, such as improved efficiency and inclusion, must be balanced against the risks of bias and financial exploitation.
As artificial intelligence (AI) becomes increasingly popular, understanding the evolving laws and regulations surrounding data privacy and cybersecurity is crucial for businesses. Recent state laws require consumer notification when AI is used, emphasizing the importance of compliance to avoid legal violations.
A California bill aimed at regulating high-risk AI systems in hiring and other critical areas failed to advance in the state assembly as the legislative session concluded. The bill’s author, Democratic assemblymember Rebecca Bauer-Kahan, has paused voting until next year for further stakeholder engagement and discussions with the Governor’s office.