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Our blog is intended to provide you with regular information on current legislation and case law, amendments to the law and our lecturing activities. With our contributions, we pursue the goal of creating added value for your everyday legal life.
Mandatory AI training for employees under the EU AI Act
Employment Law for Companies , Commercial Law
1. Introduction
EU Regulation 2024/1689 on artificial intelligence (AI Act) came into force on 1 August 2024. The AI Act will apply in full from 2…
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The Financial Data Access Regulation (FiDAR)
Banking Law , Payment Law
On 2 December 2024, the Council of the European Union published its Mandate for negotiations on a regulation governing the legal framework for access…
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The new thresholds for corporations in corporate law and their effects
Corporate Law , Commercial Law
The Federal Ministry of Justice published a regulation on the adjustment of the threshold values in company law (UGB-Schwellenwerte-Verordnung) on 20…
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Duty of care required of the bank in the event of phishing fraud (OGH 7Ob 95/24g, 28.08.2024)
Banking Law
1. Facts of the case
A bank customer (plaintiff) fell victim to social engineering. He received a phishing text message disguised as a message from…
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Voluntary catastrophe aid and labour law - What do employers need to consider?
Employment Law for Companies
After the severe storms and floods that hit eastern Austria last weekend, many volunteers are working around the clock to deal with the disaster. Most…
Written form required for training cost reimbursement agreements (OGH 24.04.2024, 9 ObA 57/23g)
Employment Law for Companies , Civil Law , Contract Law
1. Facts of the case
The employer (plaintiff) and employee (defendant) concluded an employment contract which contained general provisions on the…
The implementation amendment to the Directive of collective legal claims (VRUN) - the ‘new’ collective action
Civil Law , Civil Litigation
Behind the name ‘Amendment to the Directive on the Implementation of Representative Actions (VRUN, Federal Law Gazette I 2024/85) is a legislative…
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Digital identity - the eIDAS 2.0 amendment
Payment Law , Civil Law , Business Law
1. Introduction
The eIDAS 2.0 amendment (link) was published in the Official Journal of the EU at the end of April 2024 and has been in force since…
The Accessibility Act in the payment transaction sector
Banking Law , Payment Law
The Austrian legislative body passed the Accessibility Act (BaFG) in July 2023. The BaFG is intended to ensure accessibility for people with…