InfoCredit has supported the Transfer Pricing Center from the very beginning. Therefore, it was natural for us to become involved in the 10th edition of the conference as a partner. Our experts had the honor of co-chairing one of the key discussion panels.

In the panel titled “Benchmarking under the Pressure of Regulatory, Digital, and GDPR Changes,” our experts – Agnieszka Figiel and Grzegorz Garbarczyk – together with Ewa Kurowska-Tober from DLA Piper, addressed the challenges posed by automation and artificial intelligence in analytical processes.

Key takeaways from the discussion:

• Modern automation and AI tools can significantly improve the preparation of comparative analyses, but they also involve risks in the area of ​​data protection.
• Sensitive and personal data must be processed in accordance with regulations – in the case of financial institutions supervised by the Polish Financial Supervision Authority, only within the EU.
• The ambiguity and lack of compatibility of regulations (e.g. GDPR versus other legal obligations) poses difficult dilemmas for entrepreneurs.
• Even in the case of publicly available data, the purpose of processing and compliance with regulations are important.

Experts unanimously emphasized that technology supports analytical processes, but its pace of development often outpaces the law. Maintaining caution and regulatory compliance remains key.

InfoCredit implements modern solutions while simultaneously making every effort to ensure data is secure and processed in accordance with the highest standards.

For InfoCredit, participating in the conference provided an opportunity to exchange experiences and discuss the future of transfer pricing in the era of digital transformation. See you at the next CCT Conference and soon at the 21st Transfer Pricing Forum.