Lost in Translation Copy and Paste – The Problem with Translated Contracts
The drafting of contracts for software products in accordance with German law is often complex, which leads many providers to use sample contracts from the Internet or translated contracts from other jurisdictions. However, this approach harbors risks, as such contracts are often largely ineffective under German law or contain provisions that can lead to undesirable results in the event of a dispute.
Getting Ready for DORA (Part II) – Locational Advantage for Germany?
BaFin already supervises a large number of financial companies and imposes a number of requirements on the IT used. DORA is now about to come into force. In future, the use of information and communication technology (ICT) will be governed by the requirements of DORA. But to what extent does DORA differ in its requirements from those already demanded by BaFin?
