✔️AI Act: The global gold standard: The EU’s AI Act is poised to become the worldwide benchmark for AI governance, influencing regulations far beyond Europe’s borders.

✔️ Risk-based approach ensures proportionality: The AI Act categorizes AI systems based on risk levels, from prohibited to minimal risk, ensuring appropriate oversight without stifling innovation.

✔️ Compliance challenges for global operators: Companies operating internationally may face complexities in adhering to the AI Act’s extraterritorial scope, necessitating a thorough understanding of their AI systems.

✔️ Interplay with existing regulations: The AI Act interacts with other EU laws like GDPR and sector-specific regulations, requiring careful navigation to ensure comprehensive compliance. 

✔️ Preparing for implementation timelines: Key dates and actions are outlined for businesses to prepare for the AI Act’s phased implementation, starting from its entry into force.