Manuela Mackert

📢 Save the Date!  🌟 ECEC 2024 – Transforming Compliance: Closing the trust gap in an uncertain world. 🔍 How can compliance officers navigate multiple shifts, anticipate curveballs, drive innovation, embed resilience, and empower people? Join us at the 5th edition of Europe's largest Compliance and Ethics Conference as we delve into these crucial questions! Discover the intersection of resilience, trust, and innovation in today's complex business landscape. Get ready for:  🔹 Latest strategies  🔹 Essential tools  🔹 Pro tips Presented by the brightest minds in compliance, prepare for impactful management and leadership amidst continual change. 🌍 Join thousands of professionals worldwide to exchange ideas and insights. Save the date and mark your calendars! See you there! 🎉 Link  👉 ECEC 2024 | Europe's largest compliance and ethics conference (ecec-community.com) #ECEC2024 #TransformingCompliance 

51

6 Kommentare

CFS survey on “Obstacles to growth in Germany” German financial sector sees urgent need to reduce #Bureaucracy and tackle #SkillsShortage   An overwhelming majority of respondents (98.6%) consider it very important or important to reduce bureaucracy in order to overcome Germany’s persistently weak growth. The shortage of skilled labour is seen as having a very strong or strong influence on the current situation by 91.4% of respondents. In addition, a large majority of panellists (82.7%) regard a reduction in the high #TaxBurden and duty burden as a very important or important lever for boosting the economy. More: https://lnkd.in/dmn2kfNR   Dr. Volker Brühl, Hubertus Väth, Frankfurt Main Finance

2

𝐇𝐨𝐰 𝐜𝐚𝐧 𝐀𝐈 𝐭𝐫𝐚𝐧𝐬𝐟𝐨𝐫𝐦 𝐰𝐡𝐢𝐬𝐭𝐥𝐞𝐛𝐥𝐨𝐰𝐢𝐧𝐠 𝐰𝐡𝐢𝐥𝐞 𝐦𝐚𝐢𝐧𝐭𝐚𝐢𝐧𝐢𝐧𝐠 𝐢𝐧𝐭𝐞𝐠𝐫𝐢𝐭𝐲 𝐚𝐧𝐝 𝐚𝐜𝐜𝐨𝐮𝐧𝐭𝐚𝐛𝐢𝐥𝐢𝐭𝐲? 🤔   Hosted by internal investigations specialist Dr. Jan Heuer from KLIEMT.Arbeitsrecht, and our very own "AI ambassador", Moritz Homann, our latest webinar delved into the opportunities, risks, and best practices of #ArtificialIntelligence in #Whistleblowing.    The intrigue surrounding AI's capabilities in a trickier context such as whistleblowing is undeniable. However, understanding its boundaries is just as crucial. Dr. Jan Heuer clarified these aspects, helping attendees gain a comprehensive overview of what the possibilities are...   Moritz Homann showcased how #IntegrityLine is incorporating AI in whistleblowing, with features such as automated case screening, transcription of voice recordings, and many more 👀   Watch the replay 👉 https://lnkd.in/deuCt25g   #AI #Whistleblowing #Webinar #ComplianceTech #EQSComplianceCOCKPIT

18

Invitation to an OPC Foundation webinar Cyber Resiliance Act (CRA) - Solving some Fundamental Legal Aspects on Sept 24, 2024 at 9:00am - 10:30am CET   Register here: https://shorturl.at/ynacZ Dr. Gerrit Hoetzel from company Völker Group will present 1. Session (30min): Commercial Use of Open-Source Software under the Cyber Resilience Act 2. Session (30min): 10 Examples Cases for CRA Contract Design and Supply Chain Management 3. Q&A (30min)   Session 1: Commercial Use of Open-Source Software under the Cyber Resilience Act Any company using open-source software in the course of commercial activities will have to demonstrate conformity of the open-source software with the CRA. This is not a simple task, given that open-source software is third-party software. Also, this represents a significant shift from the current straightforward use of open-source software and will fundamentally alter how open-source software can be employed while minimizing legal risks. More on this and further aspects regarding open-source software under the CRA are given in the talk, e.g. security attestations of open-source software and so-called open-source software stewards.   Session 2: 10 Examples Cases for CRA Contract Design and Supply Chain Management One key element of the Cyber Resilience Act (CRA) is its emphasis on the supply chain. Many obligations imposed on commercial enterprises can only be fulfilled if suppliers are contractually required to participate in the conformity assessment, particularly concerning software included in their products. However, the contractual arrangements with suppliers are not the only critical factor; the agreements with customers are equally important. In addition to requirements for providing security updates and information to customers, the CRA introduces a major change: a support period of up to five years. Does this mean that all warranty and liability clauses in terms and conditions and sales contracts need to be revised to accommodate this new requirement?   Q&A Session: Ask all you like to know about.

65

1 Kommentar

📰 #Whistleblower Expert Explains "Why Whistleblowing Works" In New Paper 🔗 https://lnkd.in/dEMvK75i Views in this bulletin mirror original reports, not necessarily of TWBH. #Whistleblowing #Whistleblowers #WhistleblowerProtection #WhistleblowerNews #ExposeTheTruth #Whistleblower

3

𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬 𝐟𝐫𝐨𝐦 𝐓𝐨𝐝𝐚𝐲’𝐬 𝐁𝐮𝐧𝐝𝐞𝐬𝐭𝐚𝐠 𝐃𝐢𝐠𝐢𝐭𝐚𝐥 𝐂𝐨𝐦𝐦𝐢𝐭𝐭𝐞𝐞 𝐌𝐞𝐞𝐭𝐢𝐧𝐠: 𝐈𝐦𝐩𝐥𝐞𝐦𝐞𝐧𝐭𝐢𝐧𝐠 𝐭𝐡𝐞 𝐄𝐔 𝐀𝐈 𝐀𝐜𝐭 𝐚𝐧𝐝 𝐒𝐮𝐩𝐞𝐫𝐯𝐢𝐬𝐨𝐫𝐲 𝐒𝐭𝐫𝐮𝐜𝐭𝐮𝐫𝐞𝐬 In today's Bundestag digital committee session, the German government outlined its strategy for the implementation of the EU AI Act and the planned national supervisory structures. With the AI Act expected to come into effect around June 2024, Germany will have a 12-month window to establish national supervisory authorities and appropriate punitive measures. Parliamentary State Secretary Dr. Franziska Brantner articulated a vision for the AI Act's implementation to be business-friendly and conducive to innovation, aimed at bolstering Germany as a prime AI hub. Companies affected are encouraged to contribute to the development of implementing technical standards and norms, particularly through CEN and CENELEC. Regarding national supervisory structures, the plan is not to create new authorities but to empower existing ones with the necessary competencies. While many market surveillance and certification bodies are interested, not all are equipped with sufficient AI expertise. When asked, it is still too early to name promising candidates to become entrusted with this competence. Once the question of the competent accreditation authority has been clarified, CertifAI will apply to become a notified body under the AI Act. All the necessary preparations are currently being made so that we can fulfil our mission of making AI safe and trustworthy through testing and certification in the future. #EUAIAct #AI #trustworthyAI #safeAI #trustinAI #AItesting #AIcertification #CertifAI

12

Is governance good or bad in foundation controlled listed companies? 🚀 This is the topic in the new episode of Rig på viden with postdoc Caglar Kaya. Caglar shares his research on how board governance differs in Foundation controlled public firms versus traditional listed firms: Hereby gender gap, age, dependent directors and last company performance. Listen to the episode in the comment section:

12

2 Kommentare

🚀 Is governance good or bad in foundation controlled listed companies? 🚀 In the latest episode of Rig på viden, Caglar Kaya explores this topic. Discover insights on gender gap, age, dependent directors, and company performance. Listen to the full episode 🎧👂 #Governance #Research #FoundationControlled #Podcast #RigPåViden

12

1 Kommentar

Is governance good or bad in foundation controlled listed companies? 🚀 This is the topic in the new episode of Rig på viden with postdoc Caglar Kaya. Caglar shares his research on how board governance differs in Foundation controlled public firms versus traditional listed firms: Hereby gender gap, age, dependent directors and last company performance. Listen to the episode in the comment section:

8

1 Kommentar

Federal Council wants to oblige more companies to report on sustainability At its meeting on 26 June 2024, it opened the consultation on the new provisions on reporting obligations for companies. In the future, a larger number of companies will have to report on the risks of their business activities in the areas of the environment, human rights and corruption as well as the measures taken against them, analogous to the rules in the EU states. #CSR #reporting #duediligence #actingresponsibly https://lnkd.in/eW7-kMnZ

4

Today a new chapter opens for corporate accountability as the European Parliament has overwhelmingly passed the Corporate Sustainability Due Diligence Directive (#CSDDD) with a resounding 374 votes in favour and 235 against. Eco-Age attended the press conference this afternoon, and agree with rapporteur Lara Wolters when she called it a landmark day. "I am so proud that we can stand tall in the world and say that we are doing our bit to make sure there's no more products on the market that come at the cost of human lives and environmental destruction.” she said.  Here's what you need to know:   - The CSDDD requires companies falling under its scope to conduct thorough due diligence, assessing both present and potential human rights and environmental impacts along their value chains. - This entails crucial actions such as identification, prevention, and mitigation of negative impacts, all while championing sustainable business practices. - Once adopted by the EU, the members states will have two years to implement the directive at the national level. It will apply to companies employing upward of 1,000 people with annual sales of €450 million. Heidi Hautala also said today that “some painful concessions had to be made to get the directive over the finishing line: mainly the exclusion of downstream activities from the due diligence obligation and quite a drastic reduction in the scope of the law. Nevertheless, this is the beginning, not the end".   Eco-Age is proud to have contributed to this new chapter in our 14 years of business, with an impressive success record of building credible and compelling sustainability strategies, creating systemic solutions in line with science, in harmony with nature, and in solidarity with human rights.  .  We are proud of having incredible partners such as Auret Van Heerden, Hakan Karaosman, Matteo Ward, Dorothee Baumann-Pauly Geneva Center for Business and Human Rights and many more who have always stood for environmental and social justice. And we look forward to assist businesses in leading this new era of social and environmental justice.

44

3 Kommentare

🚨 New EDPB Guidelines on Legitimate Interests under GDPR - Impacts on health data processing ? 📝On 8th October 2024, the European Data Protection Board (EDPB) released its Guidelines 1/2024 on processing personal data under Article 6(1)(f) GDPR. These Guidelines aim to clarify the criteria controllers must meet to lawfully rely on the legitimate interest legal basis for their data processing activities. ❗The EDPB emphasizes that the legitimate interest legal basis should neither be considered a “last resort” nor an “open door” for justifying data processing. Instead, it requires the fulfillment of three strict cumulative conditions, carefully interpreted within the broader GDPR framework. First, the controller or a third party must have a legitimate interest. Second, processing personal data must be necessary to achieve this legitimate interest. Third, the interests or fundamental rights and freedoms of the data subjects should not override the legitimate interests of the controller or a third party. ⚖️A key aspect of this legal basis is the balancing exercise—ensuring that the controller’s or third party’s legitimate interests do not override the rights, freedoms, and interests of the data subjects. This evaluation takes into account various factors, such as the nature of the processing, the categories of personal data involved, as well as the reasonable expectations of the data subjects. 💡The Guidelines also shed light on the interaction between the legitimate interest legal basis and several key data subject rights, including the right to object and the right to erasure. Additionally, they explore its application across different contexts. 💊 🧪 🩺Fundamentally, this new guideline has little to no impact on health data processing in clinical trials where the legitimate interest basis has been authorized and vetted by the EDPB in 2019 in its Opinion 3/2019 concerning the Questions and Answers on the interplay between the Clinical Trials Regulation (CTR) and the General Data Protection regulation (GDPR) (art.70.1.b)) 📱 Outside the clinical trial context, in areas like healthcare and medical apps, this new opinion provides clarification and a framework for controllers to use the balancing test to rely on this legal basis. Special caution is advised when the end users are children. https://lnkd.in/ejsiVNDp #GDPR #EDPB #DataProtection #LegitimateInterest #ClinicalResearch #PrivacyCompliance

6

"Consent or Pay" models are a contentious issue inviting diverse views from across different industries and sectors. Here you can read #CEDPO German member The German Association for Data Protection and Data Security (GDD) Statement on the topic. #dataprotection #privacy #dataprivacy #datagovernance

10

🎉 Kicking Off This November with Exciting News! 🚀 This Monday, we’re thrilled to share something special: The Gardener of Governance: A Practical Guide to Internal Auditing is now available! 🌍📚 By Dr. Rainer Lenz #openMinds #connectedScience 👉 Learn more

2

1 Kommentar

📢 LeTSGEPs examples about how to set up a GEPGB Curious about how our partners set up a GEPGB? #CY developed new tools and gathered all its existing #gender #equality initiatives (e.g. communication strategies on maternity leaves and gendered data collection) in its GEPGB to get a higher #gender impact #UNIME connected actions to KPIs and created them consistently with UNIME Strategy Document of Integrated Programming and the Performance Plan. #ICM included 14 measures all agreed with #gender #equality working group and incorporated existing initiatives in its GEPGB as a unique roadmap. #UT focused on making regulations changes, including #gender requirements, focusing on the new UT Strategy, and creating regulations, for example on #gender-based abuse. Its GEPGB also includes a measure on training on GE and GB issues for the academic and administrative staff of UT. #MPG kept in mind that presenting the final GEPGB draft to the RPO leadership well before any potential deadline is key, in case another final round of negotiation and adaptation is required. #MISANU involved its leadership from the beginning, organised meetings with the Ministry of Science, shared its process with RPOs willing to adopting a GEPGB and provided #LeTSGEPs training materials to all interested stakeholders. Get inspired by LeTSGEPs partners in our Handbook here https://lnkd.in/dBC_XMF2 #H2020 #gender #equality Tindara Addabbo Giovanna Badalassi Stefania Marcassa Valeria Naciti Silvia Donoso Ingrid Shuli Corinna Pusch Đorđe Baralić European Research Executive Agency (REA)

5

Do companies that publicly commit to corporate social responsibility (CSR) actually behave more responsibly? In a new study published in the Review of Accounting Studies, Reitmaier et al. (2024) reveal a paradox: companies with prior misconduct are more likely to publish CSR reports, and those that do report on CSR actually show increased future misbehaviour. The findings suggest that voluntary CSR reporting often serves as a greenwashing tool rather than signalling a genuine commitment to responsible business practices. Link: https://lnkd.in/etZN5Q7f #corporateresponsibility #sustainability #businessethics #csrreporting #greenwashing #accountability

7