2 August 2026: the AI Act’s article 50 transparency obligations become enforceable
Due diligence · reinforced AMLR traceability

Client and supplier onboarding, due diligence, beneficial ownership, periodic renewal of documentation, month-end closes. With the trail reconstructing an ownership chain requires.

What the administration team does by hand today

Onboarding gets approved on what is there, not on what should be. And renewal gets remembered when someone remembers.

Chasing onboarding paperwork

Email after email, while sales asks when that client can be invoiced.

Getting to beneficial ownership

Company by company, down to the natural person and the threshold that applies.

Renewing documentation periodically

What was approved two years ago still sits in the system as though it were still valid.

The onboarding, with a gate status

You declare the type of onboarding. BiVelio already knows what diligence it requires and checks that what has been gathered is still current.

Diligence required by type of onboarding

Client, supplier, company or individual: each with its own list, not a generic one.

Gate status: ready for approval

Or it is not, and here is exactly what is missing before it can be approved.

A trail to reconstruct the chain

The AMLR requires reinforced traceability when reconstructing ownership chains. This is that trail.

How it works

From requested onboarding to onboarding ready for approval

1

You declare the type of onboarding

A company with a structure does not require the same as a sole trader.

2

BiVelio knows what diligence it requires

And at which beneficial ownership threshold in each jurisdiction.

3

It requests by portal and checks validity

The counterparty uploads what is missing, and the renewal is scheduled.

4

Two things come out

A gate status and an evidence package. Nothing else.

What BiVelio does not do

It does not approve the onboarding or take on your responsibility as an obliged entity: the decision and the liability stay with you. And it does not replace your ERP — it sits before it.

What gets checked on a real onboarding

Not the scanned file: the dated check on each piece.

Counterparty identification

Corporate documentation and that of the people representing it.

Beneficial ownership

Down to the natural person, at the threshold in force in their jurisdiction.

Periodic renewal

Scheduled by type of onboarding, not dependent on someone remembering.

Month-end closes

With the supporting documentation complete before closing, not after.

How many onboardings were approved without complete documentation?

The diagnosis measures how you gather, check and archive today, and returns your gaps against the published obligations.

No commitment. Ten minutes, no card.

Regulatory calendar

Eighteen months in which the paperwork burden only grows

Only dates verified against an official source. Last reviewed: 30 July 2026.

  1. 2 August 2026European Union

    The AI Act transparency obligations take effect

    Article 50 of Regulation (EU) 2024/1689 becomes applicable, and national market surveillance authorities can investigate and fine from that date.

  2. 10 July 2027European Union

    The AMLR applies with harmonized penalties

    Regulation (EU) 2024/1624 becomes directly applicable across all 27 member states, with penalties reaching 10% of annual turnover. For non-financial professions it means more documentary formalization of the process and reinforced traceability.

  3. 2 December 2027European Union

    AI Act high-risk obligations (Annex III)

    The deferral from 2 August 2026 comes from the political agreement of 7 May 2026 on the Digital Omnibus and is pending formal adoption and publication in the Official Journal. It is not yet law in force.

This calendar is informational and does not constitute legal advice. Each organization must confirm what applies to it given its activity and jurisdiction.

Part of BiVelio's operational layer for document-heavy companies
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