REGULATION7 May 2026· 9 min
EU AI Act: Practical Obligations for B2B SaaS Companies
The EU AI Act is now law. With fines reaching €35M or 7% of global turnover, B2B SaaS companies must act now. Here's a concrete breakdown of what compliance actually means.
SOURCES
[1]European Parliament & Council, Regulation (EU) 2024/1689 — The EU AI Act (Official Journal, July 2024)
[2]Bird & Bird LLP, 'EU AI Act Compliance Timeline and Practical Guide for Technology Companies' (2024)
[3]EY, 'AI Governance Survey: Enterprise Readiness for the EU AI Act' (2024)
[4]Gartner, 'Cost Implications of High-Risk AI Compliance Under the EU AI Act' (2024)
[5]Workday, 'Global AI Readiness Report' (2024)
[6]European AI Office, 'General-Purpose AI Code of Practice — First Draft' (November 2024)
[7]CMS Law, 'Extraterritorial Scope of the EU AI Act: A Legal Analysis' (2024)
[8]Deloitte, 'EU AI Act Compliance Playbook for Software Vendors' (2024)