If I get it right the EU has read the story of boiler manufacturers in the 19C. They exploded - a lot, because commercial pressures pushed a tragedy if the commons. But
insurance came along - we will insure you against liability for your boiler killing the train passengers - as long as you follow these best practises and stnadrards and .. boilers blew up less.
The question is, are boilers the same as software? Sometimes maybe? Theros-25 is definitely true. Crud HR apps are a maybe.