Bachelor's Thesis Patrick Katzer

IT-supported Optimization Potentials in the Identification of Needs for Action in Companies through Legislative Changes

Abstract

Regulatory compliance, the requirement as a company to be aware of relevant
laws and not to be surprised by changes in the law, is more important than ever
for a company due to globalization and thus an increasing number of relevant
laws.

This thesis deals with how changes in the law are published on a federal and
European level. Both official and private services are covered. It then examines
how companies deal with changes in legislation and what ways they use to
ensure regulatory compliance.

Interviews with companies on the requirements for a system for publishing
changes in the law showed that current solutions do not meet them.

Based on these results, the paper concludes that a new system for publishing
regulatory changes is needed to optimize these processes. This system, set up
as a web portal, must automatically publish changes in the law before they
are passed and, after an automatically relevance check, inform users about the
changes. Furthermore, it is essential to be able to integrate experts such as
legal publishers into this system to interpret legal texts and answer questions
if necessary.

An initial technical feasibility study shows that such a system could be implemented
on a purely technical level. A cost-benefit analysis, as well as the
implementation itself, is part of future scientific work.

Research Questions

1. How is the information about legislative changes published?

2. How does the information about a legislative change reach the stakeholder inside a company?

3. How do companies recognize the relevance of legislative changes based on the need for action?

4. What are the it-supported optimization potentials to improve this process?

5. What could an improved system for publishing legislative changes
look like?