The UNECE WP.29 R157 regulation is a major milestone on the road to automated driving. The example of the new Mercedes Drive Pilot shows exactly what this means.
For more cyber security in vehicles, the UNECE WP. 29 has passed a new regulation that requires the establishment and operation of a certified Software Update Management System (SUMS). But what exactly is SUMS?
The amendment to the AMLA places greater obligations on those subject to the regulations. We will show you the main changes and explain how you can set up effective money laundering compliance step by step.
UNECE WP.29 has developed a new legal framework on cyber security. But what impact will the regulations have on the automotive industry and how can they be implemented while complying with budget constraints?
Given the rapid developments in the automotive industry, the UNECE WP.29 has created the first regulations for cyber security in the vehicle. A real game changer for the industry, providing a decisive competitive advantage.
Through a holistic transformation of sales compensation, insurers can turn the current challenges in insurance sales into opportunities. We support you on the entire path to optimized sales compensation.
The FinCEN files show: Money laundering prevention measures are still insufficient in some banks. Poor controls and the deliberate undermining of their own standards still make it too easy for criminals.
Through WEMoG/GEIG – two legislative projects to promote e-mobility, every tenant is to be entitled to private charging options. The task now is to combine the strengths of the energy and real estate sectors to create a good offering.
With the new international standard IFRS 17, accounting in the insurance industry should become more transparent and internationally comparable. In an interview, two experts discuss opportunities and challenges of the new implementation.
Regulatory changes and new requirements pose challenges for banks, especially in the area of money laundering prevention and financial sanctions. You can find out about the changes resulting from the 5th EU Money Laundering Directive here.
BaFin published the Interpretation and Application Guidance (AuA) – Special Part for Insurance Companies at the end of January 2020. We have taken a closer look at the guidance on the proper implementation of the statutory requirements.
Complexity, regulatory pressure, non-transparent agent billing: the reasons for new compensation systems in insurance sales are manifold. A standardized software selection helps to consider all requirements.
How should insurers deal with the pressure on compensation in insurance sales? With completely new compensation models or only with new components? Corporate strategy plays a key role in the decision.
For insurers, remuneration in insurance sales is an important tool for controlling, but also a considerable cost factor. With a holistic transformation, insurers can optimize their remuneration.
The law capping the acquisition commission of life insurance policies and residual debt insurance policies necessitates adjustments to the sales remuneration in insurance sales. Find out what this means for remuneration models.
In early 2019, EU Directive 2016/2341 went into force. It subjects occupational retirement provision institutions to higher standards in a wide variety of areas. The use of a proven process model helps to meet the Directive’s requirements a
For banks, these kinds of audits are associated with enormous expenditures. Audit execution can be rendered efficient and resource-conserving by having a structured approach and determining the corresponding measures.
The VAIT provide a framework for proper deployment of IT at insurance undertakings. Learn more about the domains of IT strategy, IT governance, information risk management, and information security management.
The hierarchical structure of regulatory reports makes subsequent evaluation difficult. With “Q_Regulatory Analytics with SAS”, financial institutes are able to prepare, analyze, and use their reporting data efficiently.
Regulatory requirements are usually associated with additional sales and administrative overheads and costs. Sales processes can be adapted more easily to new or changed requirements if they have been standardised and digitised to the highe
The same mistakes are made again and again when an integrated finance and risk architecture is being introduced. Our experts explain where the tripping points are and how you can avoid them.
Our experts take a closer look at Article 8.2 of MaRisk and explain how the impacts of the planned changes to control processes and control intensity can be analysed.
EU-GDPR: The implementation deadline is approaching. Data protection and IT departments are affected but there is also a need for action in the process and organisational structure. Read how you can prepare for the challenge.