adesso BLOG

Working on and supporting projects in the life sciences sector means dealing with a whole host of regulatory requirements. In this blog post, I will provide an overview of which standards, regulations, laws and guidelines might be involved and what impact they have on project management.

The European Union’s proposed AI Act will make working with artificial intelligence (AI) on a daily basis even more complex. Some potential AI applications might end up on a blacklist, while others remain untouched, but in a way, both applications use the same technology. It feels like AI roulette. The entire situation is poised to cause doubts during the idea phase of potential AI applications – namely, is my AI idea allowed? This is a question that crops up a lot at the moment.

The new EU regulation to strengthen digital operational resilience aimed at financial entities – also known as DORA – has been in force since 17 July 2023, though firms will be given a two-year window to comply with its rules. This new regulation places heavy demands on many companies. In my blog post, I will explain which companies are affected and what they have to do now.

Regulations require a great deal of time and effort, but at the end of the day, how can companies generate added value from their hard work? In this blog post, we will explore how regulatory changes are not only an obligation, but can also be an opportunity for insurance companies to take a leading role in shaping a sustainable future.

Legally binding regulations and reporting obligations mean that financial service providers should contribute to developing the economy in an ecological and sustainable way, as well as usher in the new era of sustainable finance. The EU taxonomy, as a common classification system, is designed to help incentivise investors to make sustainable investments and support the shift towards a sustainable economy. In this blog post, I will briefly describe what this actually means and what needs to be taken into account.

In public tenders, proposal management encounters what are called ‘thresholds’. In public procurement law, the threshold values define the boundary between EU-wide tenders and national tenders. In 2019 in Germany, for example, the federal ministries opened over 1,200 EU-wide tenders that had a total value of €5 billion. In my blog post, I will give you a glimpse into the world of thresholds, as they were adjusted on 1 January 2022 and will remain valid for two years.