In today's tech and finance press review, we dive into the EU AI Act and its significant implications for AI regulation. Key points include:

1. **High-Risk AI**: Full obligations for high-risk AI products, including medical devices and critical infrastructure, starting **August 2, 2026**. Member States must prepare enforcement mechanisms.

[Read more](https://artificialintelligenceact.eu/implementation-timeline/)

2. **GPAI Guidelines**: Upcoming guidelines and Code of Practice set for **July 2025** to ensure ethical AI use and innovation. Stakeholders need to monitor these developments closely.

[Learn more](https://artificialintelligenceact.eu/national-implementation-plans/)

3. **Risk Management**: Emphasis on accountability for high-risk deployers, with full compliance required by 2026. This could set a global precedent for AI regulation.

[Details here](https://banking.vision/en/2025-the-first-year-of-ai-regulation-in-europe/)

4. **Regulatory Framework**: The Act's enforcement by the European Commission aims to balance innovation with oversight, especially for SMEs.

[Explore more](https://digital-strategy.ec.europa.eu/en/policies/european-approach-artificial-intelligence)

5. **Risk Classification**: AI systems will be classified into four risk levels, with strict compliance deadlines starting from **2025**. Prohibited practices include untargeted facial recognition and social scoring.

[Find out more](https://www.gtlaw.com/en/insights/2025/7/eu-ai-act-key-compliance-considerations-ahead-of-august-2025)

Stay tuned for more updates on technology and finance trends!