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Chapter V of the EU AI Act, establishing obligations for General-Purpose AI (GPAI) model providers, entered into force on August 2, 2025. However, enforcement with penalization powers becomes fully effective on August 2, 2026, when the European Commission gains supervision powers under Regulation 2024/1689. GPAI providers face fines up to €15 million or 3% of global annual turnover under Article 101 for non-compliance. For broader AI Act violations, penalties can reach €35 million or 7% of global turnover under Article 99. The final GPAI Code of Practice was published on July 10, 2025, covering transparency, copyright, and safety/security obligations. Providers must also submit signed forms to the EU AI Office and use the mandatory Training Data Disclosure Template. Medialaws.eu reported the core details. European Commission Digital Strategy noted additional context. Latham & Watkins added corroborating details.