{"id":2458,"date":"2021-09-13T21:22:27","date_gmt":"2021-09-13T19:22:27","guid":{"rendered":"https:\/\/balthasar-legal.ch\/?page_id=2458"},"modified":"2025-10-03T11:50:18","modified_gmt":"2025-10-03T09:50:18","slug":"publications","status":"publish","type":"page","link":"https:\/\/balthasar-legal.ch\/en\/publications\/","title":{"rendered":"Publications"},"content":{"rendered":"<p>[et_pb_section fb_built=&#8221;1&#8243; _builder_version=&#8221;4.27.4&#8243; background_color_gradient_direction=&#8221;90deg&#8221; background_image=&#8221;https:\/\/balthasar-legal.ch\/wp-content\/uploads\/2025\/08\/iStock-932644994-1.jpg&#8221; custom_padding=&#8221;10vw||10vw||true|false&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_row _builder_version=&#8221;4.16&#8243; use_custom_width=&#8221;on&#8221; custom_width_px=&#8221;1300px&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.16&#8243; custom_padding=&#8221;|||&#8221; global_colors_info=&#8221;{}&#8221; custom_padding__hover=&#8221;|||&#8221;][et_pb_text _builder_version=&#8221;4.16&#8243; background_layout=&#8221;dark&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h1>Publications &amp; Key Notes<\/h1>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; _builder_version=&#8221;4.16&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_row use_custom_gutter=&#8221;on&#8221; gutter_width=&#8221;2&#8243; _builder_version=&#8221;4.16&#8243; custom_padding=&#8221;11px|0px|27px|0px|false|false&#8221; animation_direction=&#8221;bottom&#8221; use_custom_width=&#8221;on&#8221; custom_width_px=&#8221;1300px&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.16&#8243; custom_padding=&#8221;|||&#8221; global_colors_info=&#8221;{}&#8221; custom_padding__hover=&#8221;|||&#8221;][et_pb_text _builder_version=&#8221;4.16&#8243; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h2>A Selection<\/h2>\n<p>[\/et_pb_text][et_pb_accordion _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; hover_enabled=&#8221;0&#8243; global_colors_info=&#8221;{}&#8221; sticky_enabled=&#8221;0&#8243;][et_pb_accordion_item title=&#8221;2025&#8243; _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; hover_enabled=&#8221;0&#8243; global_colors_info=&#8221;{}&#8221; open=&#8221;on&#8221; sticky_enabled=&#8221;0&#8243;]<\/p>\n<h6>Publikationen<\/h6>\n<ul>\n<li>IT-Magazin: <a href=\"https:\/\/www.itmagazine.ch\/artikel\/85383\/Kolumne_KI_im_Buero_-_Komfort_trifft_auf_Verantwortung.html\">Kolumne: KI im B\u00fcro &#8211; Komfort trifft auf Verantwortung<\/a> 2025\/03<\/li>\n<li>IT-Magazin: <a href=\"https:\/\/www.itmagazine.ch\/artikel\/84558\/Datenschutz_im_Lieferantenmanagement.html\">Datenschutz im Lieferantenmanagement<\/a> 2025\/05<\/li>\n<li>bulletin.ch:<span>\u00a0<\/span><a href=\"https:\/\/www.bulletin.ch\/de\/news-detail\/meldepflicht-fuer-kritische-infrastrukturen.html\" target=\"_blank\" rel=\"noopener\">Meldepflicht f\u00fcr kritische Infrastrukturen<\/a><span>\u00a0<\/span>31.03.202<\/li>\n<\/ul>\n<h6>Referate<\/h6>\n<ul>\n<li>GOhack25 Symposium 06.11.2025<\/li>\n<li>The Legal Break &#8211; Smart Meter &amp; Datenschutz 18.09.2025<\/li>\n<li>ESI: Notification des violations de s\u00e9curit\u00e9 des donn\u00e9es 17.06.2025<\/li>\n<li>VSE: Online-Intenisvkurs Recht und Regulierung 8.05.2025<\/li>\n<li>AES: Facilitateur \u00e9n\u00e9rg\u00e9tique 06.02.2025<\/li>\n<\/ul>\n<p>[\/et_pb_accordion_item][et_pb_accordion_item title=&#8221;2024&#8243; _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221; open=&#8221;off&#8221;]<\/p>\n<h6>Publications<\/h6>\n<ul>\n<li>Swiss IT-Magazine: <a href=\"https:\/\/www.itmagazine.ch\/artikel\/81722\/Das_neue_Schweizer_Datenschutzgesetz_-_ein_erstes_Fazit.html\" target=\"_blank\" rel=\"noopener\">The new Swiss Data Protection Act &#8211; an initial conclusion<\/a><span> <\/span>05.03.2024<\/li>\n<li>dRSK: <a href=\"https:\/\/balthasar-legal.ch\/wp-content\/uploads\/2024\/07\/dRSK.pdf\" target=\"_blank\" rel=\"noopener\">(More or less) smart metering systems and requirements for data processing<\/a> 18.07.2024<\/li>\n<\/ul>\n<h6>Key Notes<\/h6>\n<ul>\n<li><span lang=\"DE-CH\">Association of Swiss Electricity Companies (VSE),<span> <\/span><a href=\"https:\/\/www.strom.ch\/de\/veranstaltung\/online-intensivkurs-recht-und-regulierung\" target=\"_blank\" rel=\"noopener\">Online intensive course on law and regulation VSE &#8211; Smart Grid &#8211; Smart Meters<\/a><span> <\/span>04.2024 &amp; 10.2024<\/span><\/li>\n<li><span lang=\"EN-US\">SwissText, Swiss Text Analytics Conference 2024,<span> <\/span>Understanding AI and Copyright 11.06.2024<\/span><\/li>\n<li class=\"x_MsoNormal\"><span lang=\"DE-CH\">ZHAW,<span> <\/span><a href=\"https:\/\/www.zhaw.ch\/de\/sml\/weiterbildung\/detail\/kurs\/cas-energierecht\/\" target=\"_blank\" rel=\"noopener\">CAS Energy Law 2024 Data Protection &amp; Data Security<\/a><span> <\/span>04.09.2024<\/span><\/li>\n<li><span lang=\"DE-CH\">Symposium Brunnen (public personnel Switzerland),<span> <\/span>Data protection challenges of generative AI<span> <\/span>07.11.2024<\/span><\/li>\n<\/ul>\n<p>[\/et_pb_accordion_item][et_pb_accordion_item title=&#8221;2023&#8243; _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221; open=&#8221;off&#8221;]<\/p>\n<h6>Publications<\/h6>\n<ul start=\"16\">\n<li>Author in the FADP online commentary: <a href=\"https:\/\/onlinekommentar.ch\/de\/kommentare\/dsg10\" target=\"_blank\" rel=\"noopener\">Art. 10 FADP &#8211; A commentary by Mich\u00e8le Balthasar<\/a><span> <\/span>Editors: Daniel H\u00fcrlimann (Prof. Dr. iur., attorney-at-law, CAS Judiciary), Anne-Sophie Morand (Dr. iur., attorney-at-law), Thomas Steiner (Dr. iur., attorney-at-law, LL.M.)<\/li>\n<li>Swiss IT-Magazine: <a href=\"https:\/\/www.itmagazine.ch\/artikel\/80624\/Acht_Fragen_zum_neuen_Datenschutzgesetz.html\" target=\"_blank\" rel=\"noopener\">Eight questions about the new data protection law<\/a><\/li>\n<li><a href=\"https:\/\/balthasar-legal.ch\/effizienten-und-wirksamen-datenschutz-durch-die-benennung-eines-datenschutzberaters\/\" target=\"_blank\" rel=\"noopener\">Efficient data protection by appointing a data protection advisor from September 1, 2023<\/a><\/li>\n<li>multi-concept.ch: Swiss data protection &#8211; now it&#8217;s getting serious: September 1, 2023<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<h6 class=\"tw-data-text tw-text-large tw-ta\" data-placeholder=\"\u00dcbersetzung\" id=\"tw-target-text\" aria-label=\"\u00dcbersetzter Text: Pr\u00e9sentations\" data-ved=\"2ahUKEwjhidK6t-OKAxWMhP0HHY9UELQQ3ewLegQICxAU\" dir=\"ltr\"><span class=\"Y2IQFc\" lang=\"fr\">Key Notes<\/span><\/h6>\n<ul>\n<li>Europainstitut: Data Breaches &#8211; Process implementation from the perspective of a DPO<\/li>\n<li>Expert Suisse: Conference, the role of the data protection advisor under the new Data Protection Act<\/li>\n<li>ExpertSuisse: Conference: Data protection in human resources<\/li>\n<li>Gas Association: Presentation by the Swiss Gas Industry Association<\/li>\n<li>Swissstaffing<\/li>\n<li>VSE Facilicateur: Efficacit\u00e9 et protection de donn\u00e9es 09.02.2023<\/li>\n<li><a href=\"https:\/\/balthasar-legal.ch\/vte-feierabendveranstaltung-esa-informationsveranstaltung\/\" target=\"_blank\" rel=\"noopener\">VTE celebration evening event \/ ESA information event<\/a><span> <\/span>15.02.2023<\/li>\n<li>VTE: New Data Protection Act &#8211; What you need to know! 23.02.2023<\/li>\n<li>Gas Association: <a href=\"https:\/\/balthasar-legal.ch\/vsg-webtalks-spezial\/\" target=\"_blank\" rel=\"noopener\">VSG Web Talks Special<\/a><span> <\/span>14.03.2023<\/li>\n<li>Banian: Webinar data protection and data management 19.04.2023<\/li>\n<li>Banian: Presentation on the revised Data Protection Act DSG 19.04.2023<\/li>\n<li><a href=\"https:\/\/balthasar-legal.ch\/ict-business-zmorge-neues-datenschutzgesetz-ndsg\/\" target=\"_blank\" rel=\"noopener\">ICT Business Zmorge: New Data Protection Act (nDSG)<\/a><span> <\/span>25.04.2023<\/li>\n<li><a href=\"https:\/\/balthasar-legal.ch\/die-rolle-des-vrs-in-datenschutz-und-cyber-sicherheit\/\" target=\"_blank\" rel=\"noopener\">The role of VR in data protection and cyber security<\/a><span> <\/span>01.05.2023<\/li>\n<li>EKT Top: ICT Business Zmorgen nDSG 03.05.2023<\/li>\n<li>AES: Webinaire sur la nouvelle loi sur la protection des donn\u00e9es &#8211; implications pour le secteur \u00e9nerg\u00e9tique 10.05.2023<\/li>\n<li>Energie Opfikon: Business Zmorgen revDSG 22.06.2023<\/li>\n<li>Energie Opfikon: Revised Data Protection Act &#8211; what&#8217;s in store for us? 23.06.2023<\/li>\n<li>VSE practical inputs: Practical inputs for the energy sector 24.08.2023<\/li>\n<li>Caf\u00e9 num\u00e9rique: Le r\u00f4le du conseil d&#8217;administration dans la protection et la s\u00e9curit\u00e9 des donn\u00e9es 14.09.2023<\/li>\n<li>VSE Law and Regulation: Intensive online course &#8211; Smart Grid &#8211; Smart Meters 26.10.2023<\/li>\n<li>Dynamic tariffs: Relevant provisions Data protection 12.12.2023<\/li>\n<\/ul>\n<p>[\/et_pb_accordion_item][et_pb_accordion_item title=&#8221;2022&#8243; _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221; open=&#8221;off&#8221;]<\/p>\n<h6>Publications<\/h6>\n<ul><\/ul>\n<ul>\n<li>Swiss Made Software: <a href=\"https:\/\/www.swissmadesoftware.org\/news\/2022\/dataspace-switzerland-auf-zum-neuen-datenschutzgesetz.html\" target=\"_blank\" rel=\"noopener\">4th Dataspace Switzerland &#8211; on to the new data protection law<\/a><\/li>\n<li>Swiss IT-Magazine: <a href=\"https:\/\/www.itmagazine.ch\/artikel\/78363\/Das_neue_Schweizer_Datenschutzgesetz.html\" target=\"_blank\" rel=\"noopener\">The new Swiss Data Protection Act<\/a><span> <\/span><\/li>\n<li>VSE (strom.ch): The new data policy &#8211; implementation of the requirements of the revised Data Protection Act | Symposium on energy data and information security<span> <\/span><\/li>\n<li>VSE Board of Directors conference: <a href=\"https:\/\/www.strom.ch\/de\/nachrichten\/versorgungssicherheit-ist-die-benchmark-unseres-schaffens\" target=\"_blank\" rel=\"noopener\">&#8220;Security of supply is the benchmark of our work&#8221;:<\/a> The role of the Board of Directors in data protection and data security<\/li>\n<li><a href=\"https:\/\/www.strom.ch\/de\/veranstaltung\/dynamische-tarife\" target=\"_blank\" rel=\"noopener\">Dynamic tariffs VSE<\/a><span> <\/span><\/li>\n<li><a href=\"https:\/\/www.linkedin.com\/posts\/mich%C3%A8le-balthasar-dr-iur-rechtsanw%C3%A4ltin_datenschutz-data-dsg-activity-6919271034315530240-OkKM?utm_source=linkedin_share&amp;utm_medium=ios_app\" target=\"_blank\" rel=\"noopener\">Posts on LinkedIn<\/a><span> <\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<h6 class=\"tw-data-text tw-text-large tw-ta\" data-placeholder=\"\u00dcbersetzung\" id=\"tw-target-text\" aria-label=\"\u00dcbersetzter Text: Pr\u00e9sentations\" data-ved=\"2ahUKEwjhidK6t-OKAxWMhP0HHY9UELQQ3ewLegQICxAU\" dir=\"ltr\"><span class=\"Y2IQFc\" lang=\"fr\">Key Notes<\/span><\/h6>\n<ul>\n<li>AES: Facilitateur efficacit\u00e9 \u00e9nerg\u00e9tique (FEE), Smart IT pour l&#8217;efficacit\u00e9 \u00e9nerg\u00e9tique<\/li>\n<li>VSE evening seminar: Revised Data Protection Act &#8211; what has changed 16.05.2022<\/li>\n<li>VSE evening seminar: On the way to the cloud 16.05.2022<\/li>\n<\/ul>\n<p>[\/et_pb_accordion_item][et_pb_accordion_item title=&#8221;2021&#8243; _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221; open=&#8221;off&#8221;]<\/p>\n<h6>Publications<\/h6>\n<ul><\/ul>\n<ul>\n<li>Forum for electrical experts: New Data Protection Act &#8211; What&#8217;s in store for us?  <\/li>\n<li>Energy Law Conference 2021: <a href=\"https:\/\/www.dike.ch\/wissenschaftliche-schriftenreihen\/schriftenreihe-dike\/schriften-zum-energierecht-sze\/heselhaus-schreiber-energierechtstagung-2021\" target=\"_blank\" rel=\"noopener\">4th Conference on the Law and Management of the Energy Industry at the University of Lucerne on January 28, 2021<\/a> Smart Contracts from a Data Protection Perspective<\/li>\n<li>Multi-Concept Blog: Current status of the Swiss Data Protection Act  <\/li>\n<li>Swisspower Practice Forum: What does the new Data Protection Act mean for energy supply companies &#8211; also with regard to unbundling? 2021<\/li>\n<li>Netzwoche: <a href=\"https:\/\/www.netzwoche.ch\/news\/2021-02-17\/clubhouse-was-sie-ueber-die-app-der-stunde-in-sachen-datenschutz-wissen-sollten\" target=\"_blank\" rel=\"noopener\">What you should know about the app of the hour when it comes to data protection<\/a><span> <\/span><\/li>\n<li>Bulletin Electrosuisse: <a href=\"https:\/\/www.bulletin.ch\/de\/news-detail\/das-datenschutzgesetz-und-die-folgen-fuer-evus.html\" target=\"_blank\" rel=\"noopener\">The Data Protection Act and the consequences for energy supply companies<\/a><span> <\/span><\/li>\n<li>Conference on the law and management of the energy industry: Smart contracts from a data protection perspective 2021<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p>[\/et_pb_accordion_item][et_pb_accordion_item title=&#8221;2020 and earlier&#8221; open=&#8221;off&#8221; _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h6>Publications<\/h6>\n<ul><\/ul>\n<ul>\n<li>Swiss IT-Magazine: <a href=\"https:\/\/www.itmagazine.ch\/artikel\/seite\/73366\/2\/.html\" target=\"_blank\" rel=\"noopener\">The details of the new Swiss Data Protection Act<\/a><span> <\/span>2020<\/li>\n<li>Tec-Bite IT security blog: <a href=\"https:\/\/www.tec-bite.ch\/revision-des-datenschutzgesetzes-ein-ueberblick\/\" target=\"_blank\" rel=\"noopener\">Revision of the Data Protection Act<\/a><span> <\/span>2020<\/li>\n<li>Swiss Circle Conference: Marketing round for real estate professionals, the new Data Protection Act 2020<\/li>\n<li>VSE regulation and legal conference: status and directions Revision of the Data Protection Act: impact on the energy sector in 2019<\/li>\n<li>Droit et r\u00e9gulation AES: R\u00e9vision sur le droit des donn\u00e9es: quo vadis? The consequences for the energy sector in 2019 <\/li>\n<li>Data policy in the energy sector a challenge at various levels, VSE conference: New DPA &#8211; Where do we currently stand? 2019<\/li>\n<li><a href=\"https:\/\/www.shop.iimt.ch\/Michele-Balthasar-Datenschutz-und-Datensicherheit-im-Crowd-Energy-Umfeld\" target=\"_blank\" rel=\"noopener\">Data protection and data security in the crowd energy environment A guideline for crowd players by Mich\u00e8le Balthasar<\/a><span> <\/span>2018<\/li>\n<li><a href=\"https:\/\/www.itmagazine.ch\/Artikel\/Seite\/66914\/6\/Leserfragen_zur_DSGVO.html\" target=\"_blank\" rel=\"noopener\">Swiss IT-Magazine: Questions from readers about the GDPR<\/a><span> <\/span>2018<\/li>\n<li>Interview with Swiss Infosec on data protection 2018<\/li>\n<li>Giornata dei Direttori e dei Quadri dirigenti delle aziende elettriche della Svizzera italiana: Protection des donn\u00e9es dans le domaine de l&#8217;\u00e9nergie: De quoi faut-il tenir tenir compte? 2018<\/li>\n<li><a href=\"https:\/\/www.bulletin.ch\/de\/news-detail\/datenschutz-im-crowd-energy-umfeld.html\" target=\"_blank\" rel=\"noopener\">Bulletin Electrosuisse: Data protection in the crowd energy environment<\/a><span> <\/span>2017<\/li>\n<li><a href=\"https:\/\/www.schulthess.com\/buchshop\/detail\/ISBN-9783906230771\/Kratz--Brigitta-Hrsg.-Merker-Michael-Hrsg.-Tami-Renato-Hrsg.-Rechsteiner-Stefan-Hrsg.-Foehse-Kathrin-S.-Hrsg.\/Kommentar-zum-Energierecht-Band-II\" target=\"_blank\" rel=\"noopener\">Energy Law Volume Commentary on Art. 15e EleG<\/a><span> <\/span>2015<\/li>\n<li>Dissertation: Electricity supply contracts with regard to the liberalization of the electricity market: with special consideration of Swiss and European competition law 2008<\/li>\n<li><a href=\"https:\/\/www.esti.admin.ch\/inhalte\/pdf\/NIV_I\/Deutsch\/Publikationen\/Aeltere\/05_mieterd_Wenn_Mieter_Installationen_abaendern.pdf\" target=\"_blank\" rel=\"noopener\">Bulletin VSE: When tenants change the electrical installations<\/a><span> <\/span>2004<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p>[\/et_pb_accordion_item][\/et_pb_accordion][et_pb_divider divider_weight=&#8221;3px&#8221; _builder_version=&#8221;4.16&#8243; max_width=&#8221;6%&#8221; custom_margin=&#8221;-11px||0px&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_divider][et_pb_text _builder_version=&#8221;4.27.0&#8243; text_font=&#8221;Poppins||||||||&#8221; text_text_color=&#8221;#504c54&#8243; text_line_height=&#8221;1.8em&#8221; header_font=&#8221;Montserrat|700|||||||&#8221; header_text_align=&#8221;left&#8221; header_text_color=&#8221;#343434&#8243; header_font_size=&#8221;40px&#8221; header_2_font=&#8221;||||||||&#8221; header_2_font_size=&#8221;15px&#8221; max_width=&#8221;88%&#8221; max_width_tablet=&#8221;&#8221; max_width_phone=&#8221;98%&#8221; max_width_last_edited=&#8221;on|desktop&#8221; custom_padding=&#8221;0px|||||&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_text][et_pb_blog fullwidth=&#8221;off&#8221; posts_number=&#8221;3&#8243; include_categories=&#8221;47&#8243; show_more=&#8221;on&#8221; show_author=&#8221;off&#8221; show_categories=&#8221;off&#8221; show_pagination=&#8221;off&#8221; disabled_on=&#8221;on|on|on&#8221; module_class=&#8221;et_blog_grid_equal_height&#8221; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; header_font=&#8221;Montserrat||||||||&#8221; header_text_color=&#8221;#504c54&#8243; header_font_size=&#8221;18px&#8221; header_line_height=&#8221;1.4em&#8221; body_text_color=&#8221;#504c54&#8243; meta_text_color=&#8221;#504c54&#8243; read_more_text_color=&#8221;#fe7e4b&#8221; disabled=&#8221;on&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_blog][\/et_pb_column][\/et_pb_row][\/et_pb_section]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Publications &amp; Key NotesA SelectionPublikationen IT-Magazin: Kolumne: KI im B\u00fcro &#8211; Komfort trifft auf Verantwortung 2025\/03 IT-Magazin: Datenschutz im Lieferantenmanagement 2025\/05 bulletin.ch:\u00a0Meldepflicht f\u00fcr kritische Infrastrukturen\u00a031.03.202 Referate GOhack25 Symposium 06.11.2025 The Legal Break &#8211; Smart Meter &amp; Datenschutz 18.09.2025 ESI: Notification des violations de s\u00e9curit\u00e9 des donn\u00e9es 17.06.2025 VSE: Online-Intenisvkurs Recht und Regulierung 8.05.2025 AES: Facilitateur [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"dipi_cpt_category":[],"class_list":["post-2458","page","type-page","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - 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