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.
The NZZ recently reported that Norbert Blum (University of Bonn) appears to have solved the P vs NP Problem, one of the Millennium Problems.
Fifty years ago, IT specialists bid goodbye to confusing spaghetti code. Complicated top-down process diagrams were replaced by smaller, clearer sub-programs (procedures) based on Hoare and Wirth's ideas.
Nonces and merkle trees are important components of blockchains. Both are related to efficiency aspects.
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.
Data Protection Act
The Swiss Data Protection Act underwent a complete revision in 2020, and its new version took effect on September 1, 2023, along with the new Data Protection Ordinance (DPO). The revision itself is complete, but its practical application continues to evolve. The topic of AI is particularly relevant: On May 8, 2025, the FDPIC confirmed that the DPA is technology-neutral and applies directly to all AI applications. In practice, this means, among other things, that users must know whether they are interacting with AI (transparency requirement, Art. 19), and that a data protection impact assessment is mandatory in cases of high risk—such as profiling or facial recognition (Art. 22). The Federal Office of Justice (FOJ) is drafting a consultation document on AI regulation to be completed by the end of 2026. With this, Switzerland will implement the Council of Europe's AI Convention.
