liability risks
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YMER Digital ◽  
2021 ◽  
Vol 20 (12) ◽  
pp. 230-245
Author(s):  
D Hebsiba beula ◽  
◽  
S Srinivasan ◽  
C D Nanda Kumar ◽  
◽  
...  

The climate and weather system prediction has always attracted interest. Climate change risks including physical risks, liability risks and transition risks, it’s directly affecting the insurance industry. Climate change is majorly affecting the insurance sector; they are such as extreme heat during summer and extreme rainfall (Flood). It affects both insurance and reinsurance sector. Constructing the model is a necessary process but choosing the model which suits our data is very necessary. In those days the weather reports telecast in news but now even our smart phone notified the weather. In this paper study the climate prediction algorithms using R and also using Cost-free R language tool to forecast the climate using time ARIMA model for the Indian climate.


Significance Plaintiffs range from users, customers, app developers, investors, competitors, employees (current and former), law enforcement and tax agencies. They are seeking redress for alleged harm across a gamut of the companies’ business practices, creating financial risks for many firms and existential risks for a few. Impacts Losing privately brought lawsuits will disadvantage tech companies’ efforts to rebuff enhanced regulatory oversight. Some tech companies will initiate litigation to contest laws and regulations they consider a restraint on their businesses. As app platforms penetrate regulated industries such as finance and healthcare, liability risks will rise.


Author(s):  
Rachel A. Lindor ◽  
Ronna L. Campbell ◽  
Swapna Reddy ◽  
Robert J. Hyde
Keyword(s):  

Significance Yellen is widely regarded as a ‘safe pair of hands’; Biden’s other choices for financial regulatory roles are unlikely to infringe the priorities of Democratic donors, including its prominent Wall Street constituency. Impacts Lax financial regulation could cause popular discontent. The SEC and Justice Department may return to the Bush-era position of pursuing C-suite executives and corporations. The CFPB will focus on student debt and payday lender issues but needs itself to be revitalised.


2021 ◽  
Author(s):  
Christoph Degenhart ◽  
Hans-Detlef Horn ◽  
Dietrich Murswiek ◽  
Markus C. Kerber

Since 2015, the European Central Bank (ECB) has been purchasing, among other assets, primarily government bonds of the euro zone countries and including them in its balance sheet on a permanent basis (Public Sector Purchase Programme - PSPP). Does the ECB thereby engage in prohibited monetary public financing? Does it exceed its monetary policy competences? Does it cause incalculable liability risks for the German federal budget? Does this all in all constitute an infringement of the legal and democratic order of the European Union? The ruling of the Federal Constitutional Court of 5 May 2020 is therefore of historical significance. By making it clear that the ECB's independence does not justify "ultra vires acts", it marks - also vis-à-vis the Court of Justice of the European Union - the limits which the Basic Law has set for European Union Law. The volume brings together the main procedural documents of the four constitutional complaints, which have thus been partially granted.


2021 ◽  
Author(s):  
Johannes Wölfel

The billing of healthcare services is multilayered and complex. This is particularly true for medical services in hospitals. The historically developed reimbursement system offers room for billing errors and even fraud. This study examines the issue of billing fraud in hospitals, which has not yet been addressed by the highest courts. Based on the discussion in the private practice sector, case groups are elaborated, categorized and classified with regard to § 263 StGB (German Criminal Code). In this context, not only the criminal liability of directly acting persons is examined, but also possible criminal liability risks for the management level. The focus is on the executive management and the chief physicians.


Author(s):  
Joan Mwihaki Nyika

Climate change is the greatest challenge of the modern day with the capacity to destabilize global financial systems and socioeconomic welfare. This chapter explores the uncertainties posed by climate change, its effects on the economy, the risks associated with the phenomenon, and approaches to manage them through risk management. Using documented evidence, climate change is shown to result in gross domestic product reductions; physical, transition, and liability risks that result to systemic financial problems characterized by liquidation of companies, losses for, and closure of financial firms and their intermediaries; and inability of investors to pay debts. Climate risk management is proposed as a solution to adapt to climate change and reduce its associated risks.


2021 ◽  
Author(s):  
Lenas Tilman Götz

The work takes a comprehensive look at the possible liability in the event of data protection violations by the works council or by individual works council members. The question is of considerable importance in practice because works councils have to deal with numerous data in their daily work. In addition, a personal liability of works council members is possible - even in spite of the alleged clarification in the context of § 79a sentence 2 BetrVG. After a fundamental discussion of the question of whether the works council can be the responsible party within the meaning of Article 4 No. 7 of the GDPR, the work deals with the admissibility of Section 79a sentence 2 of the BetrVG under EU law. The author comes to the conclusion that § 79a S. 2 BetrVG is not compatible with the requirements of EU law and may not be applied due to this illegality of EU law. Existing case law is also comprehensively evaluated in the process.Subsequently, all liability facts of the German Civil Code (BGB) as well as of the GDPR are illuminated. Finally, possible liability risks for employers are discussed. Due to numerous practical examples, the work is ideally suited for practitioners.


2021 ◽  

Cybersecurity is a central challenge for many companies. On the one hand, companies have to protect themselves against cyberattacks; on the other hand, they have special obligations towards third parties and the state in critical infrastructures or when dealing with personal data. These responsibilities converge with company management. This volume examines the duties and liability risks of management in connection with cyber security from the perspective of corporate, constitutional and labour law. The volume is based on a conference of the same name, which took place in cooperation with the Friedrich Naumann Stiftung für die Freiheit on 23 and 24 October 2020 at Bucerius Law School in Hamburg. With contributions by Andreas Beyer, Marc Bittner, Alexander Brüggemeier, Anabel Guntermann, Katrin Haußmann, Dennis-Kenji Kipker, Christoph Benedikt Müller, Isabella Risini, Darius Rostam, Sarah Schmidt-Versteyl and Gerald Spindler.


2021 ◽  
Author(s):  
Richard Rathgeber

In 21st century medicine, nosocomial infections still represent a common treatment risk. The author systematically explains the diverse requirements for a standard infection-preventive hygiene organisation in medical institutions and analyses the associated civil law and, in particular, criminal law liability risks. Both the requirements of § 23 of the Infektionsschutzgesetz and the obligation of medical facilities to inform patients about facility-specific increased infection risks exert considerable influence on questions of evidence under liability law. The author pays particular attention to the responsibility of clinic manager.


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