Capstone Project Proposal

Focus Area: AI Industry Regulation & Public-Private Partnerships


Intern Information

FieldDetails
NameIsabel Budenz
ProgramLLM International Commercial Arbitration, University of Stockholm (2025-2026)
BackgroundLLB International and European Law, University of Groningen (2022-2025)
LanguagesGerman (Native), Spanish (Native), English (C2), French (B1)
Relevant ExperienceLegal Researcher, A for Arbitration (2019-2025); Clifford Chance Antitrust Global Virtual Internship
Relevant CourseworkIntroduction to AI and the EU AI Act; International Commercial Arbitration

Executive Summary

The global AI regulatory landscape is fragmenting rapidly. The EU AI Act established the world’s first comprehensive framework, while the US pursues a deregulatory federal approach that conflicts with state-level initiatives. Meanwhile, public-private partnerships like the Partnership on AI and standards bodies like NIST and ISO are developing soft law frameworks that increasingly influence compliance expectations.

This project will develop a practical governance framework for AI companies navigating this complex multi-jurisdictional environment, with particular focus on public-private partnership models that can bridge regulatory gaps and build the trust necessary for AI adoption.

This regulatory and governance focus leverages Isabel’s International and European Law background and EU AI Act coursework, positioning her as an expert in cross-border AI compliance and multi-stakeholder governance.


Problem Statement

The Regulatory Fragmentation Challenge

EU AI Act Timeline (Now in Effect)

DateMilestone
August 1, 2024Entered into force
February 2, 2025Prohibited AI practices banned; AI literacy requirements effective
August 2, 2025GPAI obligations; AI Office operational; national authorities designated
August 2, 2026Full application including high-risk AI systems
August 2, 2027Safety components compliance

Penalties: Up to EUR 35 million or 7% of global annual turnover

US Federal-State Tension

DateDevelopment
January 2025Executive Order 14179 revoked Biden AI executive order
July 2025“Preventing Woke AI” order established federal procurement requirements
December 2025“National AI Policy Framework” order signaled federal preemption of state laws

The December 2025 order:

  • Established AI Litigation Task Force to challenge state AI laws
  • Directed Commerce Department evaluation of state laws within 90 days
  • Specifically targeted Colorado AI Act
  • Ties federal funding to state AI policy compliance

However: 36 state AGs sent bipartisan letter opposing preemption; Senate voted 99-1 against penalizing states.

The Trust Gap

  • AI enterprise adoption surged 115% (2023-2024)
  • Only 62% of business leaders believe AI is deployed responsibly
  • Only 39% of companies have adequate AI governance frameworks
  • Estimated $4.8 trillion unrealized value by 2033 without trustworthy AI governance

Business Need: [Company Name] requires a comprehensive framework to navigate multi-jurisdictional compliance, engage effectively with regulators and standards bodies, and demonstrate responsible AI practices that build stakeholder trust.


Project Objectives

Primary Objectives

  1. Map the global AI regulatory landscape across EU, US (federal + key states), UK, and international frameworks
  2. Analyze public-private partnership models in AI governance and identify effective practices
  3. Develop a multi-stakeholder governance framework for AI companies operating across jurisdictions
  4. Create practical compliance tools mapping EU AI Act and state law requirements to operational practices

Secondary Objectives

  1. Assess federal preemption risks for state AI laws and develop contingency guidance
  2. Evaluate standards alignment opportunities (NIST AI RMF, ISO 42001, EU AI Act)
  3. Propose engagement strategy for standards bodies and multi-stakeholder initiatives

Research Foundation

Key Regulatory Frameworks

EU AI Act

  • World’s first comprehensive AI legal framework
  • Risk-based approach (prohibited, high-risk, limited risk, minimal risk)
  • General Purpose AI (GPAI) model obligations
  • Technical documentation, transparency reports, copyright compliance required

US Federal Landscape

  • Executive order-driven (subject to change)
  • December 2025 order signals preemption intent but cannot override statutes
  • NIST AI Risk Management Framework remains canonical guidance
  • Sector-specific regulation (FDA, FTC, financial regulators)

State-Level Innovation

  • Colorado AI Act (targeted by federal order)
  • California AI transparency requirements
  • Illinois Biometric Information Privacy Act
  • New York City automated employment decision tools law

International Standards | Framework | Issuer | Status | |———–|——–|——–| | AI Risk Management Framework | NIST | Published; Generative AI Profile (July 2024) | | ISO/IEC 42001 | ISO | Certifiable AI governance standard | | AI Framework Convention | Council of Europe | First legally binding AI treaty (2024) | | AI Ethics Recommendation | UNESCO | Global standard for 194 member states |

Public-Private Partnership Models

Partnership on AI (PAI)

  • 129 organizations across 16 countries
  • Responsible Practices for Synthetic Media (Adobe, BBC, OpenAI, TikTok)
  • Guidance cited by NIST, OECD as policy inputs
  • AI Policy Forum convened for UN engagement

Standards Development Organizations

  • NIST: Crosswalks aligning AI RMF with OECD and ISO 42001
  • IEEE: 7000-2021 ethical system design standard
  • ISO: 42001 certification scheme

Industry Consortiums

  • AI Alliance (IBM, Meta, others)
  • Frontier Model Forum (Anthropic, Google, Microsoft, OpenAI)
  • World Economic Forum AI Governance Alliance

Scope

In Scope

AreaDetails
JurisdictionsEU (Germany, France, Spain, Netherlands), US (federal + CA, CO, NY, IL), UK, international
FrameworksEU AI Act, state AI laws, NIST AI RMF, ISO 42001, Council of Europe Convention
PPP ModelsPartnership on AI, standards bodies, industry consortiums, regulatory sandboxes
Company TypesAI developers, AI deployers, GPAI model providers

Out of Scope

  • Detailed sector-specific regulation (healthcare, financial services)
  • Technical AI safety research
  • Individual company compliance audits
  • Lobbying strategy development

Deliverables

#DeliverableDescriptionFormatDue
1Global AI Regulatory Landscape MapComprehensive overview of AI regulations across target jurisdictionsInteractive Report (40 pages) + Visual MapWeek 4
2Public-Private Partnership AnalysisAssessment of governance models, effectiveness, and engagement opportunitiesResearch Report (25 pages)Week 6
3Federal-State Preemption Risk AssessmentAnalysis of preemption likelihood and contingency planning guidanceLegal Memo (15 pages) + Decision TreeWeek 7
4Multi-Stakeholder Governance FrameworkProposed framework for AI companies incorporating regulatory and soft law requirementsFramework Document (30 pages) + Implementation GuideWeek 10
5Compliance Mapping ToolsPractical tools mapping EU AI Act and state law requirements to operationsExcel/Interactive Tools + ChecklistsWeek 11
6Standards Engagement StrategyRecommendations for participating in standards development and PPP initiativesStrategy Memo (10 pages) + PresentationWeek 12

Methodology

Phase 1: Regulatory Landscape Mapping (Weeks 1-4)

Week 1-2: EU Framework Deep Dive

  • Analyze EU AI Act obligations by risk category
  • Research member state implementation approaches (leveraging multilingual capabilities)
  • Map GPAI model provider obligations
  • Identify AI Office guidance and enforcement priorities

Week 3-4: US and International Analysis

  • Document federal executive orders and agency guidance
  • Analyze key state laws (CO, CA, NY, IL)
  • Review UK AI regulatory approach
  • Assess international frameworks (UNESCO, Council of Europe)
  • Produce Global AI Regulatory Landscape Map

Phase 2: Governance Models Analysis (Weeks 5-7)

Week 5-6: Public-Private Partnership Research

  • Analyze Partnership on AI structure, outputs, and influence
  • Review NIST stakeholder engagement model
  • Examine ISO 42001 certification ecosystem
  • Assess industry consortium effectiveness
  • Interview/survey PPP participants where possible
  • Produce Public-Private Partnership Analysis

Week 7: Preemption Risk Assessment

  • Analyze December 2025 executive order legal authority
  • Review constitutional preemption doctrine
  • Assess litigation prospects and timeline
  • Develop contingency planning guidance
  • Produce Federal-State Preemption Risk Assessment

Phase 3: Framework Development (Weeks 8-10)

Week 8-9: Framework Design

  • Synthesize regulatory and soft law requirements
  • Identify common principles across frameworks
  • Design governance structure incorporating multiple stakeholder interests
  • Develop implementation methodology

Week 10: Framework Documentation

  • Draft comprehensive framework document
  • Create implementation guide
  • Develop assessment criteria
  • Produce Multi-Stakeholder Governance Framework

Phase 4: Practical Tools & Strategy (Weeks 11-12)

Week 11: Compliance Tools Development

  • Build EU AI Act obligation mapping tool
  • Create state law compliance checklists
  • Develop risk classification decision trees
  • Produce Compliance Mapping Tools

Week 12: Engagement Strategy & Presentation

  • Develop standards body engagement recommendations
  • Create PPP participation strategy
  • Prepare executive presentation
  • Produce Standards Engagement Strategy

Timeline

Week 1-2   ████████░░░░░░░░░░░░░░░░  EU AI Act & Member State Analysis
Week 3-4   ████████░░░░░░░░░░░░░░░░  US/International Analysis → Landscape Map
Week 5-6   ░░░░░░░░████████░░░░░░░░  PPP Research → Partnership Analysis
Week 7     ░░░░░░░░░░░░░░░░████░░░░  Preemption Risk Assessment
Week 8-10  ░░░░░░░░░░░░░░░░████████  Framework Development
Week 11    ░░░░░░░░░░░░░░░░░░░░████  Compliance Tools
Week 12    ░░░░░░░░░░░░░░░░░░░░░░██  Engagement Strategy & Presentation

Multilingual Research Advantage

Isabel’s language capabilities enable comprehensive EU member state analysis:

LanguageJurisdictionsRegulatory Bodies
GermanGermany, AustriaBfDI, DSK, RTR
SpanishSpainAEPD, Ministry of Digital Transformation
FrenchFrance, Belgium, LuxembourgCNIL, APD, CNPD
EnglishUK, Ireland, Netherlands, EU institutionsICO, DPC, AP, AI Office

This enables analysis of how member states are implementing EU AI Act requirements differently—critical intelligence for companies operating across the EU.


Resources Required

Access

  • EUR-Lex and member state legal databases
  • US state legislation databases
  • NIST, ISO standards documentation
  • Partnership on AI publications and resources
  • Academic databases (SSRN, journal access)

Subject Matter Expert Support

RolePurposeTime
Primary MentorWeekly guidance2 hrs/week
Regulatory Affairs LeadEU AI Act expertise4 hrs total
US Policy CounselFederal-state dynamics3 hrs total
Standards Participation ExpertPPP engagement2 hrs total

Budget

ItemEstimated Cost
Standards documents (ISO)$500
Conference/webinar access$400
Research database accessExisting subscription
Total$900

Success Criteria

Deliverable Quality

  • All 6 deliverables completed on schedule
  • Regulatory map covers 10+ jurisdictions comprehensively
  • PPP analysis includes primary research (interviews/surveys)
  • Framework validated by regulatory affairs team
  • Compliance tools tested and refined based on feedback

Business Impact

  • Framework adopted by compliance function
  • Tools deployed for active compliance monitoring
  • Client advisory applications identified (3+)
  • Standards engagement recommendations implemented

Thought Leadership

  • Research informs company regulatory submissions
  • Framework shared with industry partners
  • Publication/presentation opportunity identified

Risks and Mitigation

RiskLikelihoodImpactMitigation
Regulatory changes during projectHighMediumBuild flexibility; establish monitoring protocol; focus on principles
Federal preemption litigation outcomes uncertainHighMediumScenario planning; contingency guidance for multiple outcomes
PPP participation access limitedMediumLowFocus on public materials; identify accessible stakeholders
Framework complexity overwhelming for usersMediumMediumTiered implementation guide; prioritization methodology

Career Positioning Value

This project positions Isabel as an expert in cross-border AI governance and multi-stakeholder regulation:

  1. Regulatory Expertise: Deep knowledge of EU AI Act and US regulatory dynamics
  2. Policy Translation: Ability to convert complex regulations into practical compliance guidance
  3. Multi-Stakeholder Navigation: Understanding of how soft law and standards interact with regulation
  4. International Perspective: Multilingual analysis capability rare among regulatory specialists
  5. Industry Relevance: Framework immediately applicable to AI company operations

Career Paths Enabled:

  • AI Policy Counsel at technology company
  • Regulatory Affairs Specialist
  • Standards Development Participant
  • Think Tank Policy Researcher
  • Government Affairs / Public Policy Role

This project addresses critical 2025-2026 developments:

TrendProject Relevance
EU AI Act full application (August 2026)Compliance mapping tools directly applicable
US federal-state regulatory tensionPreemption analysis provides strategic guidance
AI trust gap ($4.8T unrealized value)Governance framework addresses trust building
PPP influence on AI policyEngagement strategy enables meaningful participation
Standards convergence (NIST-ISO crosswalks)Framework incorporates multiple standards

Stakeholders

StakeholderRoleEngagement
Primary MentorDay-to-day guidanceWeekly 1:1
Regulatory Affairs LeadDomain expertiseBi-weekly check-ins
Compliance TeamEnd users of toolsFeedback at Weeks 4, 8, 11
Policy/Government AffairsEngagement strategyWeek 10-12 collaboration
External AdvisorsValidationAd hoc consultation

Approval

Intern Acknowledgment

I have reviewed this proposal and commit to delivering the outlined project within the specified timeline and quality standards.

Intern Signature: _________ Date: _____

Isabel Budenz

Mentor Approval

Mentor Signature: _________ Date: _____

Executive Sponsor Approval

Sponsor Signature: _________ Date: _____


*Proposal Version 1.0Focus: AI Industry Regulation & Public-Private PartnershipsJanuary 2026*