EU Commission released draft guidance on reporting serious AI incidents under Article 73 of the EU AI Act, requiring high-risk AI system providers to notify authorities of serious incidents. Comments accepted until Nov 7, 2025; final guidance expected to apply from Aug 2, 2026. Key points include broad definitions of “serious incidents,” tight reporting timelines, and potential penalties for non-compliance. Companies must establish clear reporting processes to meet obligations and align with other regulatory requirements.
