Compliance

Compliance (regulatory compliance) means conforming to comply with relevant laws and regulations. Together with KYC Spider in Zug Eurospider has in-depth compliance know-how.

It’s a familiar scenario. You need to print something in a hurry, but the printer isn’t working – and neither is the ticket machine. And the train is has come to a halt somewhere along the tracks, probably due to a software bug. Unfortunately, we still haven’t found a way to get rid of these critters once and for all. In 1977, Caspers Jones estimated that for every 1,000 lines of code, one can expect a specific number of bugs that cause incorrect results or unexpected behaviors in computer programs. So from a compliance point of view, bugs are always to be expected. What does this mean?

White and black lists, also called positive and negative lists, are used for binary categorizations. Examples are spam filters against unwanted e-mails, but also proscription lists in the Roman Empire with the names of unpopular political opponents to be murdered. More recent are the lists published by the American President George Bush after the terrorist attacks on September 11, 2001. White and black lists can be combined in different ways: All positives but without negatives and all negatives but without the positives. In compliance, whitelisting is often used when periodically checking a customer base.

On December 13, 2019, an interdepartmental work group presented its report Challenges of Artificial Intelligence commissioned by the Federal Council. Section 1.6.16 addresses the use of artificial-intelligence in the judicial system. The matter of compliance is also relevant here. The European Ethical Charter on the Use of Artificial Intelligence in Judicial Systems and their environment distinguishes between four types of use: “uses to be encouraged”, “possible uses, requiring considerable methodological precautions”, “uses to be considered following additional scientific studies”, and “uses to be considered with the most extreme reservations”. What does this mean specifically in terms of compliance?

Assistance systems exist in a variety of forms. The simplest passive systems are limited to recommendations and warnings, which people can either heed or ignore. Digital assistants that carry out conversations are more complex. The easiest ones to develop are digital assistants that control the conversation – yet these assistants are anything but trivial. The assistant asks questions and the person answers them. This makes it possible to formulate questions that based on previous answers. More sophisticated assistants bring users out of an “anomalous state of knowledge” (ASK).

Chains of trust play an important role in digital processes. Just like in everyday life, the question is: who trusts whom, and why? The relationship isn’t necessarily symmetrical: party A may trust party B, but B doesn’t necessarily trust A. However, the relationship usually is transitive: if party A trusts party B and party B trusts party C, then A can also trust C. These chains of trust also play an important role in the digital world

Complete Revision of the Federal Data Protection Act

The complete revision's draft of the Federal Data Protection Act is currently in political consultation. Data Protection is to be increased by giving people more control over their private data as well as reinforcing transparancy regarding the handling of confidential data.

Links: draft, report

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