European Union — the EU AI Act (post-Omnibus)
The EU AI Act (Regulation 2024/1689) is the world's first comprehensive AI law, using a four-tier risk model from banned practices through high-risk to minimal-risk uses. Following the Digital Omnibus approved in June 2026, the high-risk timeline shifted: Annex III obligations (employment, credit, essential services and more) now apply from 2 December 2027, and Annex I regulated-product rules from 2 August 2028. Article 50 transparency duties — telling users they are interacting with AI and labelling AI-generated content — still land on 2 August 2026, with watermarking following on 2 December 2026. SMEs benefit from reduced documentation, proportionate fines and free regulatory-sandbox access. Norway applies the same rules via the EEA, and members like France (CNIL), Germany (DSK guidance and works-council rights), Italy (its national AI law) and Spain (the AESIA agency) layer national measures on top.