This Week in AI Regulations

Covering Multimodal Model, Climate Risk, Artificial Intelligence, Carbon Peak, Economic Outlook. Explore regulatory developments in Multimodal Models, Climate Risk, Artificial Intelligence, Carbon Peak initiatives, and the Economic Outlook. Key updates from the EU, China, and Japan shape AI governance and sustainable finance.

Show Notes

This episode covers critical regulatory news impacting sectors such as Multimodal Models, Climate Risk, Artificial Intelligence, Carbon Peak efforts, and the Economic Outlook.

We begin with the European Central Bank’s feedback on the EU Parliament’s Banking Union 2025 resolution, highlighting strong resilience in the banking sector amid geopolitical and climate-related risks. The ECB emphasizes the importance of robust capital and risk management frameworks, including addressing emerging crypto-asset risks.

Next, the RegHub network’s Brussels workshop provided updates on the AI Act and other EU regulatory initiatives, fostering collaboration on AI governance and public procurement strategies.

In Asia, China’s State Council approved the 15th Five-Year Carbon Peak Action Plan focused on AI innovation and ethical governance, aiming to enhance technology and commercial applications safely.

Japan’s METI and NEDO launched the “AI Robot and Physical AI Multimodal Foundational Model Development Project,” advancing energy-efficient multimodal AI models with international research collaboration.

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Articles mentioned:
  1. Feedback on the input provided by the European Parliament as part of its resolution on Banking Union 2025
  2. 李强主持召开国务院常务会议 听取人工智能发展情况汇报等
  3. 「AIロボット・フィジカルAIを見据えたマルチモーダル基盤モデル開発事業」を開始します
  4. IMF Executive Board Concludes 2026 Article IV Consultation with Ireland
  5. RegHub Brussels Workshop - 29.06.2026 - Members of the RegHub network gathered in Brussels

What is This Week in AI Regulations?

Weekly news, analysis, and insights from AI regulation updates the world over

Welcome to This Week in AI Regulations.

We begin with updates from the European Union. The European Central Bank Banking Supervision has provided feedback on the European Parliament’s resolution on Banking Union 2025. The ECB highlights the resilience of the European banking sector amid ongoing geopolitical and operational risks. It notes progress on Basel III implementation and supports the completion of the banking union, including the European deposit insurance scheme, or EDIS. Importantly, the ECB addresses emerging risks from crypto-assets and climate-related factors. Banks within the Euro Area are required to maintain strong capital, liquidity, and risk management frameworks, including adequate provisioning and forward-looking risk assessments.

Also in the European Union, members of the RegHub network gathered in Brussels for a workshop covering consultations on the AI Act, National and Regional Partnership Plans, the Water Framework Directive, and the Anti-Racism Strategy. The workshop included updates on the European Union’s Better Regulation agenda and public procurement activities. Participants engaged in consultations on key regulatory initiatives, including the AI Act.

Turning to Asia, the State Council of the People’s Republic of China approved the 15th Five-Year Carbon Peak Action Plan and the National Health 15th Five-Year Plan. These plans emphasize artificial intelligence innovation. The State Council mandates enhancing AI innovation and governance systems with a focus on key technologies and large-scale computing clusters. It also promotes AI commercial applications while ensuring AI safety and ethical standards.

In Japan, the Ministry of Economy, Trade and Industry, or METI, together with the New Energy and Industrial Technology Development Organization, NEDO, has launched a new development project titled “AI Robot and Physical AI Multimodal Foundational Model Development Project.” This initiative involves selected entities, including Noetra Corporation, tasked with developing energy-efficient, multimodal AI models that leverage diverse data types for physical AI applications. The National Institute of Advanced Industrial Science and Technology will collaborate with domestic and international research institutions to advance the technology.

That wraps up today’s regulatory updates.