The Definitive Compliance Intelligence Report on Financial Penalties, Enforcement Risk, Certificate Shortfalls, and Practical Strategies to Avoid Non-CompliancePrepared by CBAM Journal | Sekason Research Limited | London, United Kingdom© 2026 Sekason Research Limited. All rights reserved1. Executive SummaryThe Shift from Reporting to Financial Liability • FINDING: The EU CBAM definitive regime entered into force on 1 January 2026.