The EU AI Office has released a more workable draft of the Code of Practice for general-purpose model providers under the EU AI Act, which must be finalized by May 2. This draft outlines compliance obligations related to copyright, emphasizing that providers must implement policies to align with European copyright law while mitigating the risk of generating copyright-infringing outputs.
In today’s banking landscape, AI has become essential for managing risk and compliance, particularly in India, where regulatory demands are evolving rapidly. Financial institutions must integrate AI into their operations to enhance efficiency while addressing challenges such as bias and accountability.
California lawmakers have passed a landmark AI transparency law, the Transparency in Frontier Artificial Intelligence Act (SB 53), aimed at enhancing accountability and public trust in advanced AI systems. This legislation establishes new requirements for transparency and risk governance while fostering innovation and protecting civil rights.
The Government has designated 15 competent authorities under the EU’s AI Act and plans to establish a National AI Office by August 2, 2026, to serve as the central coordinating authority in Ireland. This office will ensure consistent implementation of the act and facilitate access to technical expertise while promoting AI innovation and adoption.
The increasing use of AI applications in recruitment offers efficiency benefits but also presents significant legal challenges, particularly under the EU AI Act and GDPR. Employers must ensure that AI tools are used responsibly to prevent discrimination and comply with data protection regulations while maintaining human oversight in decision-making processes.
As generative AI transforms business operations, deploying AI systems without proper guardrails is akin to driving a Formula 1 car without brakes. To successfully implement AI solutions, organizations must establish cost, quality, security, and operational guardrails that work together to maintain control, quality, and trust.
Former Italian Prime Minister Mario Draghi has called for a pause on the EU’s AI Act to assess potential risks, emphasizing the need for a careful approach to regulations affecting high-risk AI systems. He highlighted the importance of balancing regulation with innovation, especially as the next phase of the Act could impact critical sectors like health and infrastructure.
The generative AI industry is currently facing significant regulatory scrutiny and reputational challenges, particularly for companies like Meta, Microsoft, and Google. These developments are reshaping the investment landscape as businesses must balance ethical obligations with profitability while navigating a rapidly evolving legal environment.
The EU is launching consultations to develop guidelines and a Code of Practice focused on transparency obligations for certain AI systems, including those related to biometric categorization and emotion recognition. Stakeholders are invited to share their views until October 2nd, with the drafting process for the Code expected to continue until June 2026.
On July 10, 2025, the European AI Office published the final version of the Code of Practice for providers of General Purpose AI models under the EU AI Act, focusing on transparency, copyright compliance, and systemic risk management. This voluntary tool aims to help providers demonstrate compliance with the EU AI Act while imposing extensive obligations and guidelines for managing compliance and audit structures.