EU AI Act simplification gives smaller firms more time, not a different rulebook

Published by Albis · 29 May 2026

A provisional AI Omnibus agreement would simplify parts of the EU AI Act, extend high-risk deadlines and add tailored accommodations for SMEs and small mid-caps while keeping the core risk-based framework intact

• • Changes to the EU AI Act matter globally because many companies build to Brussels’ regulatory baseline.
• • Capacity and infrastructure bottleneck.
• • Mishcon describes the package as a targeted recalibration rather than a reversal of the EU’s AI regulatory approach.
• • The EU AI Act entered into force in August 2024 and is described in the supplied evidence as the world’s most comprehensive cross-sector AI legislation.