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The EU AI Act (Regulation 2024/1689) enters a critical enforcement phase on August 2, 2026, when binding obligations for GPAI model providers become fully effective. Since August 2025, GPAI model providers have been subject to transparency and documentation requirements under Articles 9-15. The August 2026 deadline marks the point when high-risk AI system requirements become mandatory, with fines reaching up to €35 million or 7% of global revenue for non-compliance. The Digital Omnibus regulation has reshaped the compliance timeline, and enterprises are required to maintain continuous AI risk management rather than one-time assessments. GLACIS reported the core details. AI News Desk noted additional context. Compliquest added corroborating details.