Story
The European Commission published a draft implementing regulation on March 12, 2026 (Reference: Ares(2026)2709234) which provides the first comprehensive detailed guidance on how the Commission will investigate and penalize GPAI model providers under the EU AI Act. The regulation outlines audit procedures, penalty frameworks, and compliance requirements for general-purpose AI model providers. Non-compliance fines can reach €35 million or 7% of global annual turnover, whichever is higher. The August 2, 2026 deadline for GPAI model provider obligations under Regulation 2024/1689 remains the key enforcement timeline. European Commission Digital Strategy reported the core details. ADVISORI noted additional context. GLACIS added corroborating details.