We both know that's not how regulations work. Mistral is going to have to get a legal team to understand the regulations, have a line item for each provision, verify each one doesn't apply to them, get it signed off and continously monitor for changes both to the laws and the code to make sure it stays compliant. This will just be a mandate from HR/Legal/Investors.

Alot of work for a company with no commercial offering off the bat. And possibly an insurmountable amount of work for new players trying to enter.

Only if it wants to do business there. If a company is just headquartered there, they have to comply with regulations no matter what.