The walkthrough most teams skip — classifying your systems before the 2026 obligations bite. ~12 min for AI builders & deployers.
A builder’s walkthrough of the one regime that now reaches almost every AI product touching the EU — and how to get ahead of the 2026 obligations instead of scrambling at the deadline.
Start here, because everything else depends on it. The Act can apply even if your company sits entirely outside the EU. If your system is placed on the EU market, or its output is used in the EU, the rules can reach you — much the way GDPR does. A US team serving European users is rarely out of scope by default.
Identify your role. Your obligations differ depending on what you are in the chain for a given system. Most teams hold more than one role across their products:
This is the step most teams skip, and the one every other obligation flows from. The Act sorts systems into four tiers. Classification is a reasoned, documented judgement — not a label you pick by vibe.
The Act phases in rather than landing all at once, so "when do we need to be ready" has a different answer for each obligation. Prohibited-use rules and AI-literacy duties already apply. Requirements for general-purpose AI and the bulk of high-risk obligations arrive through 2026.
The practical task is to take each system from step 02 and attach the dates that actually bind it. A minimal-risk feature and a high-risk hiring tool are on completely different clocks, and planning runway around a single “deadline” is how teams get caught short.
With roles, tiers, and timelines in hand, compare where your product, processes, and documentation are today against what the applicable tier requires. Gaps usually cluster in three places:
The output is a concrete list of what’s missing, not a general sense that “we should do more on AI governance.”
A gap list isn’t a plan until it’s sequenced. Order the work so the items with deadline or enforcement risk come first, and group the rest into what’s achievable before each phase-in date. Plain-language and prioritised beats exhaustive — a roadmap nobody can act on protects nobody.
Turn it into a report you can hand over. The final artefact is a written report: your systems, their classifications and the reasoning, the gaps, and the sequenced plan to close them. That’s the document your board, your investors, and the enterprise customers running diligence on you will actually ask to see — and the one that turns “we take compliance seriously” into something demonstrable.
Find out what the AI Act means for your product.
On 27 May 2026, the U.S. Attorney for the Southern District of New York unsealed a criminal complaint charging Michele Spagnuolo, a Google staff software engineer, with commodities fraud, wire fraud, and money laundering. Spagnuolo allegedly used confidential internal Google Search data to place approximately $2.75 million in bets on Polymarket event contracts tied to Google's Year in Search report between October and December 2025, netting roughly $1.2 million in profit. The CFTC filed a parallel civil action seeking penalties and trading bans.
On 11 May 2026, Georgia signed HB 1272 (Act 452), the Georgia Payment Stablecoin Act, into law. The statute directs the Georgia Department of Banking and Finance to license stablecoin issuers incorporated under Georgia or foreign law. Licensed issuers must maintain one-to-one reserves of eligible assets and may only engage in stablecoin issuance, redemption, reserve management, and related custodial activities. The law takes effect on the earlier of 18 January 2027 or 120 days after federal GENIUS Act implementing regulations are finalized.
On 20 May 2026, the European Commission launched a targeted consultation on Regulation (EU) 2023/1114, the Markets in Crypto-Assets Regulation (MiCA), running alongside a parallel public consultation. The targeted consultation spans 86 questions across four thematic blocks and invites responses from industry representatives and public authorities. Submissions close 31 August 2026, with results feeding into the Commission's review reports under Articles 140 and 142 of MiCA.
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