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Legal Horizon Scanning
Projektbearbeiter:
Sabine Wehnert
Finanzierung:
EU - EFRE Sachsen-Anhalt ;
 
EUROPÄISCHE UNION - EFRE -  Europäischer Fonds für regionale Entwicklung
Every company needs to be compliant with national and international laws and regulations. Unfortunately, staying complied is a challenging tasks based on the volume and velocity of laws and regulations. Furthermore, laws are often incomplete or inconclusive, whereby also court judgments need to be considered for compliance. Hence, companies in different sectors, e.g. energy, transport, or finance, are spending millions of dollars every year to ensure compliance each year. In this project, we want to automate the process of identifying and analyzing the impact of (changing) laws, regulations, and court judgments using a combination of Information Retrieval, Data Mining and Scalable Data Management techniques. Based on the automated identification and impact analysis, not only the costs for compliance can be reduced, but also the quality can be increased.

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