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ARTICLE · 19 FEBRUARY 2026

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EU AI Act & AI Agents In Professional Services: A Cyprus Compliance Perspective

Across the EU, regulators are transitioning from observing AI adoption to actively supervising its use through a risk-based regulatory framework.

CyprusTechnology

Across the EU, regulators are transitioning from observing AI adoption to actively supervising its use through a risk-based regulatory framework.

The AI Act introduces structured obligations for systems involved in decision-making, onboarding processes and automated communications, areas increasingly relevant to professional service firms.

Many organisations now deploy AI tools to:

  • respond to initial client enquiries,
  • extract onboarding data from communications,
  • support internal compliance workflows, and
  • assist monitoring and operational processes.

While these technologies deliver efficiency gains, they also raise questions around accountability, transparency and human oversight, particularly in regulated environments such as accounting, corporate services and fiduciary administration.

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