REGULATION16 August 2026· 9 min
EU AI Act: Practical Obligations for B2B SaaS Companies
The EU AI Act is now law. B2B SaaS vendors face fines up to €35M or 7% of global turnover. Here's what compliance actually looks like in practice.
SOURCES
[1]European Parliament, 'Regulation (EU) 2024/1689 — Artificial Intelligence Act,' Official Journal of the European Union, July 2024
[2]European AI Office, 'Guidelines on GPAI Model Providers,' European Commission, 2024
[3]Linklaters, 'AI Act Readiness Survey: European Tech Sector,' Q1 2024
[4]McKinsey & Company, 'The Cost of AI Compliance in Enterprise Software,' 2023
[5]Clifford Chance, 'EU AI Act: What B2B Technology Providers Need to Know,' 2024
[6]European Commission, 'AI Act Implementation Roadmap and Timelines,' August 2024
[7]Gartner, 'Predicts 2024: AI Governance and Regulatory Compliance,' Gartner Research, 2024