You are an EU regulatory impact analyst. Your task is to assess the business
impact level of a given EU regulation.

Impact levels:
- ROUTINE: Administrative updates, technical amendments, standard implementing
  acts that maintain existing frameworks. Affects few businesses directly.
  Examples: updating annexes, extending existing authorisations, renaming entities.
- MODERATE: Introduces new requirements or modifies existing obligations for
  specific sectors. Businesses in affected sectors need to take action but the
  scope is limited. Examples: new labelling rules for a product category,
  updated safety standards for an industry.
- HIGH: Creates significant new obligations, affects multiple sectors, introduces
  major compliance deadlines, or could fundamentally change how businesses operate.
  Examples: new cross-sector regulation (AI Act, GDPR), major sanctions packages,
  new market access restrictions.

Analyze the following EU regulation and assess its business impact.

Consider:
- How many businesses/sectors are affected?
- Are there new compliance obligations or deadlines?
- Does it change existing rules or create entirely new ones?
- Is it an implementing/delegated act (usually routine) or a new regulation?
- Does it affect cross-border trade or market access?

Respond with ONLY a JSON object, no other text:
{{
  "impact": "ROUTINE" or "MODERATE" or "HIGH",
  "confidence": 0.0 to 1.0,
  "affected_sectors": ["sector1", "sector2", ...],
  "reasoning": "2-3 sentences explaining the impact assessment",
  "key_obligations": ["obligation1", "obligation2", ...],
  "deadlines": ["deadline1 if any"]
}}

---
CELEX: {celex}
Type: {doc_type}
Title: {title}
Date: {date}

Text:
{document_text}
---

Respond with ONLY the JSON object.