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The last domino has been eaten, the last firecracker shot, and the Christmas tree has long since celebrated its well-deserved retirement on the organic waste heap. So it's high time to look ahead to the new year. Regulation continues to evolve, especially for the finance and insurance industry. What new requirements will come into force in 2025 and on what date? What is to be expected? Where is there a need for action and improvement?

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Industries

23.12.2024 By Nehir Safak-Turhan

Banking trends and outlook for 2025

Picture Nehir Safak-Turhan

An objective view of developments is essential for the strategic direction of the industry. In addition to economic parameters such as interest rate development, economic growth, employment and investment, regulatory conditions and technological innovations are integral components of a successful business policy orientation for banks. In my blog post, I provide an outlook on the trends that will be driving banks in 2025 and show how technologies and innovations in the banking business are driving the transformation of the industry.

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Industries

How can the development of medical devices be made easier and more efficient in a world of strict regulations and high safety requirements? The key lies in a strong partner: the ALM tool codeBeamer. This blog post shows how codeBeamer overcomes the challenges of medical technology. Learn practical insights, best practices and tips for project success.

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AI

Regulation is driving AI-based innovations in banking! Even if, at first glance, regulation with its strict rules and requirements is perceived as a brake on innovation, in many cases it sets the rules that ensure legal certainty and orientation. In this blog post, I will take a closer look at the impulses from a regulatory perspective that strengthen this symbiosis.

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AI

12.08.2024 By Jonas Reinhardt and Marina Žagar

Creating trust, ensuring compliance: AI governance as a success factor

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The rapid development of artificial intelligence (AI) opens up new opportunities for companies, but also presents them with regulatory and ethical challenges. Our AI Governance Check helps companies to meet the complex requirements of the AI Regulation (EUKIVO) and other standards, minimise risks and strengthen stakeholder trust. We show how this works in our blog post.

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Industries

At the end of February 2024, the International Association of Standardisation Organisations (IAF/ISO) decided to include the aspect of climate change and climate adaptation as a mandatory addition to the existing standard requirements in chapters 4.1 and 4.2. This blog post presents topics that may become relevant for companies in this context.

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Methodology

14.02.2024 By Mohammad Qasem

An introduction to the EU Data Act

Picture Mohammad Qasem

European legislators have imposed strict regulation on the digital space in recent years. In addition to the much-discussed EU IoT Act, other important regulations such as the Data Governance Act and the Data Act have come into force. The Data Act in particular has attracted special attention due to its impact on IoT device manufacturers, service providers and start-ups. The Data Act, which entered into force on 11 January 2024, will apply from September 2025. In my blog post, I discuss its objectives, effects and requirements for all stakeholders.

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AI

The Artificial Intelligence Act (AI Act) was finalised at the end of 2023 after intensive negotiations between the European Parliament and the European Council. The debates were characterised by talks on the definition of AI and the categorisation of systems into risk classes. Numerous details were clarified, in particular regarding unacceptable risk (highest risk level) AI systems and high-risk AI systems. National interests and the development of certain technologies played an important role, such as the ban on real-time biometric identification in public spaces and the use of foundation models or generative AI. I will show you in this blog post what the EU AI Act looks like in detail.

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Industries

Working on and supporting projects in the life sciences sector means dealing with a whole host of regulatory requirements. In this blog post, I will provide an overview of which standards, regulations, laws and guidelines might be involved and what impact they have on project management.

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