The EU is developing a General-Purpose AI Code of Practice to help companies comply with the AI Act, scheduled to take effect in August 2025. Though the Code may not be ready until late 2025, it aims to provide guidance on transparency, copyright compliance, risk assessment, and governance structures for AI systems. The non-statutory document will serve as an interim guide until binding European standards are established. Companies following the Code may receive favorable compliance assessments, though adherence to the Code alone doesn't guarantee full compliance with the AI Act. The initiative involves collaboration between academic experts, industry representatives, and civil society members to ensure responsible AI development within the EU.