The European Commission has presented a package of targeted amendments aimed at reducing administrative burdens, strengthening the competitiveness of European companies, and modernizing digital regulations. The most important updates concern adjustments to the EU AI Act, optimization of data protection rules (GDPR), and the introduction of a unified digital business tool.

All these changes are especially important for companies planning to expand their operations or implement AI solutions within the EU.

       1. EU AI Act – Simplifications and Stronger Control of Generative AI

The amendments to the Artificial Intelligence Act (AI Act) are focused on facilitating compliance, particularly for companies that develop or use AI technologies. Key changes include:

• Simplified technical documentation requirements for AI systems, especially for SMEs.

• Expanded use of regulatory sandboxes, enabling safer testing of AI solutions.

• Centralized oversight of generative artificial intelligence through strengthened authority of the European Artificial Intelligence Office.

These amendments are intended to reduce implementation costs, speed up certification, and ensure consistent risk management of AI systems across the EU.

        2. GDPR Amendments and Unified Reporting of Security Incidents

Today, companies must report security incidents under multiple regulations (GDPR, NIS2, DORA), creating legal uncertainty. The European Commission therefore proposes:

• A single point for incident reporting

• Harmonization of provisions within GDPR, NIS2, and DORA

• Reduction of overlapping obligations and lighter administrative burdens for businesses

This reform is important for all companies operating in multiple jurisdictions or processing large volumes of data.

         3. EU Digital Business Wallet – A New Tool for a Modern Digital Economy

The European Commission’s new solution, the European Digital Business Wallet, will allow companies to:

• digitally sign and identify themselves

• securely exchange documents across borders

• communicate more easily with public institutions

• centralize digital management of key business processes

The expert team at IA Law Firm Bosnia assesses that this tool will significantly reduce administrative burdens and improve business efficiency in the EU, which is especially important for foreign investors and companies planning expansion into the European market.

Find out more at: Information technologies, media, and telecommunications | IA Lawfirm