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Compliance standards, especially those that involve relatively new functional safety elements, will likely add additional requirements to the development process. But ISO 26262, in particular, will add more than new requirements to the product life cycle for automotive hardware-software systems. This Functional Safety standard will act as a framework impacting integrated requirements traceability, risk management, validation, verification, documentation and collaboration throughout the systems engineering “V” model life cycle process (see Figure). ISO 26262 will also require the qualification of tools used to create automotive systems. This paper examines the impact of the standard on the development process and support tool chains for automotive electronics.