Suchergebnisse für Artificial Intelligence

Echtzeitbankenaufsicht – la panacée?

In recent years, the concept of data-based banking supervision has evolved to influence the dynamics between supervisors and supervised institutions. This de­ve­lopment, if accompanied by adequate implementation, undoubtedly improves the quality of banking supervision. However, data-based supervision does not automatically lead to real-time supervision. While it tends to reduce the time lag…

Insider Trading im digitalen Zeitalter: Neue Herausforderungen und Risiken

Insider trading has existed since the launch of the very first organized trading venues and is now prohibited in most jurisdictions. The growing digitalization of the financial industry is adding several layers of complexity to the topic and creating both new risks and opportunities for market participants. First, digitalization brings about a higher interconnectivity between the global financial…

KI Sandboxen für die Schweiz?

A sandbox allows companies to test innovative products, services, and business models in a live market environment. Stemming originally from the FinTech sector, sandboxes have recently gained importance, especially in the context of artificial intelligence, where they are intended to serve to resolve the conflict between data protection and innovation by allowing innovation while ensuring that…

Regulierung von künstlicher Intelligenz für FinTech-Anwendungen

New methods of artificial intelligence represent one of the greatest promises and most prospective developments of digitalisation. Artificial intelligence has already enabled numerous innovative applications in the areas of image recognition, medicine, language and mobility, and it is also increasingly being used in the financial market, on which this article focuses. In addition to great…

Editorial

Die Digitalisierung verändert immer weitere Be­reiche des täglichen Lebens und der Tätigkeiten von Unternehmen und Behörden. Betroffen sind auch Handlungen, die seit jeher von Menschen ausgeführt…

Automatisierte Entscheidungen: Grundfragen aus der Perspektive des Privatrechts

Data protection law addresses the issue that more and more (complex) decisions are taken automatically. A closer look at the regulatory approaches of the General Data Protection Regulation (GDPR), the Council of Europe’s Convention 108 and the draft Swiss Federal Act on Data Protection (draft FADP) leads to two conclusions. On the one hand, the scope of application of these provisions is too…

Automatisierte Entscheidungen: Perspektive Grundrechte

Automated decisions affect the legal system in a wide variety of areas. In a state governed by the rule of law, fundamental rights are of great importance; their ­validity can lead to a conflict with «results» produced by algorithms. The article examines five areas (employment relationships, biomedical «environment», moderation of online content, financial markets, procedural guarantees) and,…

Automatisierte Entscheidungen: Perspektive Datenschutzrecht und ­öffentliche Verwaltung

In the area of government action, automated individual decisions in the sense of the draft revision of the Swiss Federal Data Protection Act (E-DSG) are fully automated decrees. Art. 19 E-DSG provides, on the one hand, for a labelling obligation for such decrees and, on the other hand, for certain decisions, the person concerned is granted the opportunity, upon request, to state his point of view…

Robot Recruiting

«Robot recruiting» refers to the automation of the recruiting process using data driven technologies. More than half of HR managers expect artificial intelligence to become part of their daily routine in just a few years’ time. Hiring algorithms are said to make hiring more consistent and efficient and even have the potential to remove interpersonal bias from the hiring process. But critics argue…

Haftung für automatisierte Entscheidungen – Herausforderungen in der Praxis

It is now technically possible for decisions to be made by autonomous means without any human involvement. The ability of automated decision making systems to act increasingly autonomously poses new challenges to the current legal framework. For example, in addition to contractual and non-contractual liability bases, proposals are being made for liability under the Swiss Product Liability Act or…