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.
I don’t mean getting rid of the law itself, but rather ending the actual publication of statutes and other legal information in book form. The book I’m currently reading for pleasure features an outstanding logical structure. Everything I need to understand the page I’m reading is detailed on the preceding pages.
According to a publication by FINMA [1], it is not only exact results that should be considered when matching names during customer vetting: the publication also recommends a phonetic search.
When Alice sends a message to Bob with an electronic certificate, Bob needs to trust the certification authority and can use the public key to verify Alice's certificate. This means Bob can only be sure that Alice is the sender if he trusts the certification body.
Although digitalization is on everyone’s lips, a huge number of documents continue to be published using the Portable Document Format (PDF) invented in 1993. The subsequent usability of PDF documents in digitalized processes is limited; however, PDF documents that have been digitally signed are very widespread.
The preliminary draft of the new Data Protection Act introduces the term “profiling” (Art. 3, lit. f, preliminary draft Data Protection Act). “Profiling” describes the evaluation of data in order to analyze or predict key personal characteristics.
Complete Revision of the Federal Data Protection Act
Complete Revision of the Federal Data Protection Act: „As of 15th September 2017, draft and report for a completely revised Federal Data Protection Act is public. In a first step parliament and the people agreed to adaptations in order to be compliant with EU law. The second part of the revision is debated by the parliament since September 2019. Data Protection is to be increased by giving people more control over their private data as well as reinforcing transparency regarding the handling of confidential data.”
Links: datenrecht.ch
