EU

AI Regulations: OpenAI Calls on EU to Review, Simplify AI Rules

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OpenAI urges the EU to simplify AI regulations to enhance innovation and competitiveness, warning complexity may drive investment to non-democratic regions. They propose a unified pro-growth strategy, tripling computing capacity, and training 100 million Europeans in AI by 2026. OpenAI advocates for synergy between regulations and growth initiatives to ensure EU leadership in AI, emphasizing the need for urgent action against competing autocratic investments while also promoting responsible AI development aligned with European values.

https://www.pymnts.com/artificial-intelligence-2/2025/ai-regulations-openai-calls-on-eu-to-review-simplify-ai-rules/

EU AI Act Technical Standards Delayed Until Next Year

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EU AI Act Technical Standards Delayed: The EU's AI Code of Practice drafting has been delayed due to alignment issues with copyright law and risk assessments. The final draft's delivery has been postponed to May, while technical standards may extend into 2026, impacting compliance timelines. National regulators must be established by August 2026.

https://www.pymnts.com/cpi-posts/eu-ai-act-technical-standards-delayed-until-next-year/

EU AI Act Brief

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The EU AI Act regulates AI in the workplace to protect workers' rights, prohibiting high-risk practices like biometric categorization and emotion recognition, with exceptions. Employers must ensure worker consultation before deploying AI systems, but loopholes exist in obligations, especially for private sector employers. High-risk systems are overseen with specific rights for employees, including the right to explanations and the ability to lodge complaints. The Act emphasizes transparency but has limited mechanisms for enforcement, highlighting the need for stronger regulations to protect workers in AI settings.

https://cdt.org/insights/eu-ai-act-brief-pt-4-ai-at-work/

Study Finds That Only 31% of Fintech Platforms Meet Basic Web Accessibility Requirements

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A study reveals only 31% of Europe's largest fintech platforms comply with essential web accessibility standards, risking exclusion of 100 million Europeans with disabilities ahead of the European Accessibility Act in June 2025. Many fintechs partially meet requirements, illustrating a substantial tech accessibility gap despite the potential revenue benefits of increased accessibility.

https://techbullion.com/study-finds-that-only-31-of-fintech-platforms-meet-basic-web-accessibility-requirements/

Breaking Into the North American Market: What Startups Need to Know About Cybersecurity Compliance

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Startups entering the North American market face unique cybersecurity compliance challenges, contrasting with the EU's GDPR framework. Key standards include ISO 27001, ISO 27701, and SOC 2, which help demonstrate trust and reduce risk. ISO certifications are compatible with SOC 2, and PCI DSS is mandatory for payment processing. HITRUST, initially for healthcare, is gaining traction across sectors. Compliance with US regulations like HIPAA and FedRAMP is essential in highly regulated industries. Startups should also prepare for future AI compliance with emerging standards like ISO 42001 as they expand into North America.

https://www.eu-startups.com/2025/04/breaking-into-the-north-american-market-what-startups-need-to-know-about-cybersecurity-compliance-sponsored/

EU Commission Publishes AI Continent Action Plan and Seeks Input

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EU Commission released AI Continent Action Plan on April 9, 2025, aiming to lead global AI by promoting innovation, trust, and competitiveness while maintaining democratic values. Key aspects include €10 billion for AI factories, €20 billion for AI infrastructure, a Cloud and AI Development Act, a Data Union Strategy for better data access, an “Apply AI Strategy” for sector adoption, talent development initiatives, and regulatory compliance support for the AI Act. Public consultations will start in Q2 2025.

https://datamatters.sidley.com/2025/04/11/eu-commission-publishes-ai-continent-action-plan-and-seeks-input/

Data Act (DA)

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EU regulation for data sharing, promoting access, reuse, and innovation across sectors. Aims to enhance data governance, encourage collaboration, and protect privacy. Key elements include defining data holders, user rights, and interoperability standards.

Data Governance Act (DGA)

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DGA establishes framework for data management, usage, protection, and sharing in EU. Aims to enhance data access, promote data economy, ensure data quality, and protect privacy rights. Focuses on transparency, accountability, and compliance across sectors.

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