I was invited as a keynote Speaker at an international Conference in Da Nang- Vietnam with delegates from more than 13 countries and 170 delegates.
Show cased the Indian Aadhaar Case Study
What's New for Business, Finance and Technology Law in Thailand? Peerasak C.
by Warot Wanakankowit (Wingman & Partners)
Agenda
New BOI Privileges for Digital Businesses
Regulatory sandbox issued by Bank of Thailand (BOT)
Q&A
A Future Date Conference: Digital Accessibility Legal Update 4.21.20Lainey Feingold
Join Lainey Feingold (@LFLegal) and Tim Elder (@TRELegal) in a fast pace overview of what is happening in the digital accessibility legal space. Don't let fear be your driver - accessibility is a civil right of disabled people. #a11y
This presentation by the Charley Moore, Founder and CEO, Rocket Lawyer, was made during a roundtable discussion on Disruptive innovations in legal services held at the 61st meeting of the Working Party No. 2 on Competition and Regulation on 13 June 2014. More papers, presentations and contributions from delegations on the topic can be found out at www.oecd.org/daf/competition/disruptive-innovations-in-legal-services.htm
The Indian Information Technology Act provides legal recognition for e-records and e-signatures, which facilitates e-commerce. Some legal issues that may arise for e-commerce players in India include the validity of e-contracts, data protection, intellectual property rights, competition compliance, and adherence to consumer protection laws regarding returns and required disclosures. Frequent improvements to laws and regulations aim to balance consumer experience with compliance requirements for e-commerce businesses.
The document summarizes weekly news from the Indian IT sector from September 6-12, 2010. It discusses Ohio banning offshore outsourcing to India, Indian software companies providing vendor financing to struggling US customers, HP and Bharti exploring cloud services for small/medium businesses in India, and Mahindra Satyam focusing on the aerospace and defense market. It also mentions Wipro may pass increased US visa fees to clients, banks considering alternatives to Blackberry, and India proposing to allow foreign firms to set up new businesses without local joint venture partner approval.
Peter Yared, Co-Founder & CEO ,InCountry - How to Scale with All the New Data...Techsylvania
This document discusses how data regulations are proliferating across countries, with data residency laws requiring that citizen data be stored within their jurisdictions. It notes that industries like health insurance and financial services will be most affected. GDPR is just the beginning, as health, transaction, payment and employee data are increasingly regulated worldwide. Complying with these regulations across multiple countries is an expensive, complex process requiring research, compliant infrastructure, ongoing maintenance and audits. It recommends using global and local vendors to help offset compliance needs.
CrimsonLogic World Bank_IADB_Washington DC_30 Sep 2009_eGovernance to yield g...Ceski
Overcoming the Challenges to Effective eGovernment Initiatives
In spite of the veritable explosion in the popular usage of ICT worldwide in the last few decades, ICT has not proven to be a uniformly effective development tool for growth and poverty reduction, notable exceptions notwithstanding.
Our hypothesis is that some of these disappointments have arisen from a failure to recognize the primacy of governance as the prerequisite for, the key focus of, and the key measure of success in all eGovernment initiatives. We suggest a method for using the life-events of citizens to drive analysis of how governance affects them, and where the effective use of ICT may improve governance to yield greater socio-economic impact. It is believe that this will enable governments to focus their budgets and political capital on those eGovernment initiatives and, thereby, achieve better outcomes. It also attempts to provide some perspectives and metaphors that may be helpful in addressing common challenges faced by eGovernment planners.
This document summarizes a presentation about whether Quality Solicitors' business model could disrupt the market for legal services in the United States. The presentation covers:
1. Quality Solicitors' concept of creating a national brand for legal services to connect people needing lawyers to a familiar, trusted entity.
2. How branding can build trust which leads to customers recommending the brand, using its services frequently, and paying more.
3. How the legal market in the UK is fragmented with many small firms, and new regulations allow non-lawyers to have ownership in law firms.
4. An analysis of Quality Solicitors' business model, which aims to standardize simple legal tasks efficiently to
What's New for Business, Finance and Technology Law in Thailand? Peerasak C.
by Warot Wanakankowit (Wingman & Partners)
Agenda
New BOI Privileges for Digital Businesses
Regulatory sandbox issued by Bank of Thailand (BOT)
Q&A
A Future Date Conference: Digital Accessibility Legal Update 4.21.20Lainey Feingold
Join Lainey Feingold (@LFLegal) and Tim Elder (@TRELegal) in a fast pace overview of what is happening in the digital accessibility legal space. Don't let fear be your driver - accessibility is a civil right of disabled people. #a11y
This presentation by the Charley Moore, Founder and CEO, Rocket Lawyer, was made during a roundtable discussion on Disruptive innovations in legal services held at the 61st meeting of the Working Party No. 2 on Competition and Regulation on 13 June 2014. More papers, presentations and contributions from delegations on the topic can be found out at www.oecd.org/daf/competition/disruptive-innovations-in-legal-services.htm
The Indian Information Technology Act provides legal recognition for e-records and e-signatures, which facilitates e-commerce. Some legal issues that may arise for e-commerce players in India include the validity of e-contracts, data protection, intellectual property rights, competition compliance, and adherence to consumer protection laws regarding returns and required disclosures. Frequent improvements to laws and regulations aim to balance consumer experience with compliance requirements for e-commerce businesses.
The document summarizes weekly news from the Indian IT sector from September 6-12, 2010. It discusses Ohio banning offshore outsourcing to India, Indian software companies providing vendor financing to struggling US customers, HP and Bharti exploring cloud services for small/medium businesses in India, and Mahindra Satyam focusing on the aerospace and defense market. It also mentions Wipro may pass increased US visa fees to clients, banks considering alternatives to Blackberry, and India proposing to allow foreign firms to set up new businesses without local joint venture partner approval.
Peter Yared, Co-Founder & CEO ,InCountry - How to Scale with All the New Data...Techsylvania
This document discusses how data regulations are proliferating across countries, with data residency laws requiring that citizen data be stored within their jurisdictions. It notes that industries like health insurance and financial services will be most affected. GDPR is just the beginning, as health, transaction, payment and employee data are increasingly regulated worldwide. Complying with these regulations across multiple countries is an expensive, complex process requiring research, compliant infrastructure, ongoing maintenance and audits. It recommends using global and local vendors to help offset compliance needs.
CrimsonLogic World Bank_IADB_Washington DC_30 Sep 2009_eGovernance to yield g...Ceski
Overcoming the Challenges to Effective eGovernment Initiatives
In spite of the veritable explosion in the popular usage of ICT worldwide in the last few decades, ICT has not proven to be a uniformly effective development tool for growth and poverty reduction, notable exceptions notwithstanding.
Our hypothesis is that some of these disappointments have arisen from a failure to recognize the primacy of governance as the prerequisite for, the key focus of, and the key measure of success in all eGovernment initiatives. We suggest a method for using the life-events of citizens to drive analysis of how governance affects them, and where the effective use of ICT may improve governance to yield greater socio-economic impact. It is believe that this will enable governments to focus their budgets and political capital on those eGovernment initiatives and, thereby, achieve better outcomes. It also attempts to provide some perspectives and metaphors that may be helpful in addressing common challenges faced by eGovernment planners.
This document summarizes a presentation about whether Quality Solicitors' business model could disrupt the market for legal services in the United States. The presentation covers:
1. Quality Solicitors' concept of creating a national brand for legal services to connect people needing lawyers to a familiar, trusted entity.
2. How branding can build trust which leads to customers recommending the brand, using its services frequently, and paying more.
3. How the legal market in the UK is fragmented with many small firms, and new regulations allow non-lawyers to have ownership in law firms.
4. An analysis of Quality Solicitors' business model, which aims to standardize simple legal tasks efficiently to
The need for a regulator for e commerceNirmal Mathew
The document discusses the need for a regulator for e-commerce in India, specifically regarding taxation issues. It notes that e-commerce activity is complex and diverse, requiring coordination between ministries. Options considered for a regulatory framework include bringing e-commerce under the Telecom Regulatory Authority of India or forming a committee. Key issues that need clarity are electronic payments, intellectual property rights, and e-taxation. There are fundamental questions around how to define income, permanent establishment, and the basis of taxation for cross-border e-commerce transactions. More clarity in tax laws is needed to ensure appropriate taxation as e-commerce business models evolve rapidly.
Are you prepared for information compliance Mia Richards
The protection of consumer privacy & data, keeping in loop legislature & data regulations is a key concern which Insurance Industry is looking into. To get answers of the crucial question about data privacy & concerns of GDPR
The Electronic Communications Act 2000 aims to build confidence in electronic commerce in the UK by creating a legal framework to ensure security and trust in online transactions. It does this by addressing cryptography, facilitating e-commerce, and regulating telecommunications licenses. The act was needed because electronic commerce had grown rapidly, with over 90% of UK businesses having internet access and many engaging in online ordering and payments, requiring certainty that digital communications are secure and unaltered.
The document provides an overview of the Hong Kong Companies Registry. It discusses that the Registry is an independent government department operating on a self-financing basis. It registers new companies, dissolves companies, and provides public search services. It also administers various ordinances related to companies. The Registry has transitioned to providing electronic services for company incorporation, registration of documents, and searches through its ICRIS system online and via mobile apps.
Great concept allowing consumers to manage their digital identity and monetize the secure and trusted exchange of personal data.
An infrastructure for exchanging data between consumers and companies, on terms defined by consumers.
E-commerce relates to buying and selling goods and services electronically over the internet or intranets. It includes processes like e-sourcing, e-tendering, e-evaluation, and e-auctions. E-commerce reduces distances, encourages competition by allowing thorough research, and has led to new job opportunities and companies being established or expanding their business models. It also increases convenience for consumers and dependence on the internet for everyday tasks. However, privacy and security are ongoing issues as websites may collect and sell personal information, and theft of financial and identity information is still possible without proper authentication of transactions. Initiatives are underway to provide more government services electronically as well.
This document discusses HIPAA and PCI compliance for cloud providers. It provides an overview of what HIPAA and PCI are, why compliance is important for cloud providers, common technology requirements and best practices, and key questions customers should ask providers regarding their compliance. HIPAA regulates the secure handling of patient health information, while PCI sets regulations for securely accepting credit card payments online or in person. The document notes that healthcare and credit card spending combined account for over 25% of the US economy, making compliance critical for cloud providers seeking customers in these industries.
Security, GDRP, and IT outsourcing: How to get it rightN-iX
This document discusses security and privacy challenges for companies in light of growing regulations like the General Data Protection Regulation (GDPR). It outlines key steps outsourcing vendors must take to ensure GDPR compliance, such as performing a gap analysis, creating a data register, evaluating existing technology, analyzing risks, and continuous testing. Choosing an ISO-certified vendor can help companies address security concerns, ensure safe data management, and facilitate business operations in compliance with standards and regulations.
The document summarizes the current regulatory framework for legal services in England and Wales, including a brief history of reforms that led to the Legal Services Act 2007. It discusses the key bodies and objectives in the current regulatory architecture. It also covers the types of reserved legal activities that require regulation, the growth of the legal services market, and findings around alternative business structures (ABS) and the potential for more innovation if further reforms address the fixed list of reserved activities and greater independence between regulators and the profession.
Legal innovation - adapted from AALL 2019LAC Group
The document summarizes a session from the 2019 AALL Annual Conference about embracing sustainable innovation initiatives to build a future-focused library. It discusses how economic and legal disruption is driving law firms to innovate in order to meet client demands for lower costs and greater efficiencies. While law firms are pursuing various innovation efforts like branded initiatives and hiring innovation roles, true adoption of innovations is still limited. The key issues discussed are getting clients to uptake and reward innovation efforts. Successful innovation requires identifying problems to solve, understanding practice needs, having supporters, budget, receptive users, skills, patience, and ideally, client involvement. The conclusion advocates for focusing on incremental change rather than disruption and being aware of potential stumbling blocks when putting the key
The document discusses the development of electronic commerce in Singapore and Hong Kong. It notes that Singapore established an Electronic Commerce Policy Committee in 1997 to promote widespread adoption of e-commerce and position Singapore as a hub. Key recommendations included establishing a legal framework and incentivizing private sector growth. In contrast, Hong Kong's government has not adopted strong initiatives to support e-commerce adoption despite growing private sector interest. The document argues Hong Kong must catch up by fostering more partnerships and expanding beyond just internet services.
Rockit Summit, Andrei Caciurenco - Headquarter in Moldova?! Law hacks regardi...Rockit Conference
This document discusses starting and operating an IT business in Moldova. It notes that Moldova's laws are evolving to align with EU directives and favor fair competition and online public services. Some key laws related to e-commerce, digital signatures, electronic communications, and payment services were mentioned. The document also discusses Moldova's national strategy to promote the digital economy and IT sector competitiveness. It addresses common questions from IT clients around setting up a company, employment regulations, data protection rules, tax incentives for IT businesses, and intellectual property. Overall, the document presents Moldova as working to develop a favorable legal environment for IT startups and businesses.
The document discusses the legal, ethical, and regulatory issues facing e-businesses. It notes that as e-commerce has expanded, new laws and regulations have been introduced to address concerns not covered by existing law. E-businesses must consider issues like jurisdiction, libel, sales tax collection, encryption regulations, and intellectual property when developing strategies. Failure to properly address these issues can lead to lawsuits, fines, loss of income, or criminal penalties. The document examines specific issues like cyber-smearing, outsourcing, and the factors that can contribute to e-business failures like underfunding or poor management.
The document discusses the legal framework for FinTech in Thailand. It outlines key financial and technology laws that regulate the FinTech ecosystem. These include laws around licensing, anti-money laundering, consumer protection, and more. It also examines emerging technologies like electronic signatures, artificial intelligence, and smart contracts. Finally, it provides an overview of Thailand's direction on FinTech regulation and considerations for balancing innovation, consumer protection, and legal compliance.
The document provides an overview of Qatar and the Qatar Financial Centre (QFC). It notes that Qatar has one of the fastest growing economies in the world and is a leading exporter of liquefied natural gas (LNG). It also discusses Qatar's investments in major infrastructure projects and its preparations to host the 2022 FIFA World Cup. The document then summarizes the purpose and functions of the QFC and Companies Registration Office (CRO), including registering and regulating companies within the QFC. It provides details on the registration process, types of legal entities, fees, and requirements for ongoing compliance and filings with the CRO.
Disruptive Finance 2016 (supplement to Het Financieele Dagblad)Jeroen de Bruin
This document discusses the regulatory challenges faced by FinTech startups. It notes that FinTech involves introducing new business models into the heavily regulated financial services industry. The regulations were designed to reduce risks but can undermine startups by requiring them to be risk averse. Two lawyers from Clifford Chance, Alvin Khodabaks and Marian Scheele, provide insights. Scheele notes many FinTech startups are shocked by the extensive regulations around providing financial services like credit and payments. However, the lawyers also point out that regulations do not make business impossible, especially with the harmonization of rules in Europe. PSD2 will help payment providers operate across Europe, but rules for other FinTech solutions like robo-advice still
This document summarizes a presentation on Jersey's beneficial ownership registry reforms. It discusses Jersey's commitment to international transparency standards, existing beneficial ownership regime, and recent agreement with the UK to enhance information exchange. The reforms will update how beneficial ownership information is provided and held, including new forms and a process for third-party service providers to update information. A timeline outlines implementing changes by June 2017, including replacing consent forms, amending registry forms, and developing an API for third party access to the updated registry system.
This document summarizes the 2017 conference of the Association of Latin American and Caribbean Registrars (ASORLAC). The conference aimed to increase information exchange about best registry practices between member countries. It also promoted alliances to improve efficiency and effectiveness of registry systems and strengthen business competitiveness. Specific topics discussed included Colombia's reforms facilitating access to credit through expanded movable assets registries, and reducing business start-up times through electronic registration. ASORLAC is working with Paraguay to implement similar simplified business registration laws based on Colombia's successful practices. The Bogota Chamber of Commerce will serve as a case study on virtualizing registry services for an international report.
This document discusses some of the legal challenges of e-commerce, including unfair terms, cybercrime, and jurisdictional issues. Specifically, it outlines how unfair standard form contracts can negatively impact consumers and businesses. It also examines how cybercrime has increased with the rise of e-commerce and poses a challenge, citing statistics on financial losses from a Norton cybercrime report. Additionally, the document reviews some international and regional efforts to combat cybercrime, such as through organizations like Interpol, APEC, and the Council of Europe.
Technology’s role in data protection – the missing link in GDPR transformationat MicroFocus Italy ❖✔
This document discusses the role of technology in data protection and GDPR compliance. It argues that technology has historically been both the cause of data protection issues as well as the solution, but technologies have not always been designed with data protection in mind. The GDPR will require organizations to critically examine their technologies and ensure they have the capabilities needed to comply with principles like data minimization, individual rights to access and erasure, and security. Organizations need to understand how personal data flows through their systems and assess technology risks in order to design systems that protect privacy by default. Failure to address technology issues could lead to regulatory fines and litigation under the GDPR.
How Does the ePrivacy Regulation and General Data ProtectionShield
Check out this slide to learn about ePrivacy regulation and General Data Protection Regulation. Is their implication brings more challenges to financial industries and Communications Compliance? Go through this slide for full info or visit this link: https://bit.ly/3nxlwLW
The need for a regulator for e commerceNirmal Mathew
The document discusses the need for a regulator for e-commerce in India, specifically regarding taxation issues. It notes that e-commerce activity is complex and diverse, requiring coordination between ministries. Options considered for a regulatory framework include bringing e-commerce under the Telecom Regulatory Authority of India or forming a committee. Key issues that need clarity are electronic payments, intellectual property rights, and e-taxation. There are fundamental questions around how to define income, permanent establishment, and the basis of taxation for cross-border e-commerce transactions. More clarity in tax laws is needed to ensure appropriate taxation as e-commerce business models evolve rapidly.
Are you prepared for information compliance Mia Richards
The protection of consumer privacy & data, keeping in loop legislature & data regulations is a key concern which Insurance Industry is looking into. To get answers of the crucial question about data privacy & concerns of GDPR
The Electronic Communications Act 2000 aims to build confidence in electronic commerce in the UK by creating a legal framework to ensure security and trust in online transactions. It does this by addressing cryptography, facilitating e-commerce, and regulating telecommunications licenses. The act was needed because electronic commerce had grown rapidly, with over 90% of UK businesses having internet access and many engaging in online ordering and payments, requiring certainty that digital communications are secure and unaltered.
The document provides an overview of the Hong Kong Companies Registry. It discusses that the Registry is an independent government department operating on a self-financing basis. It registers new companies, dissolves companies, and provides public search services. It also administers various ordinances related to companies. The Registry has transitioned to providing electronic services for company incorporation, registration of documents, and searches through its ICRIS system online and via mobile apps.
Great concept allowing consumers to manage their digital identity and monetize the secure and trusted exchange of personal data.
An infrastructure for exchanging data between consumers and companies, on terms defined by consumers.
E-commerce relates to buying and selling goods and services electronically over the internet or intranets. It includes processes like e-sourcing, e-tendering, e-evaluation, and e-auctions. E-commerce reduces distances, encourages competition by allowing thorough research, and has led to new job opportunities and companies being established or expanding their business models. It also increases convenience for consumers and dependence on the internet for everyday tasks. However, privacy and security are ongoing issues as websites may collect and sell personal information, and theft of financial and identity information is still possible without proper authentication of transactions. Initiatives are underway to provide more government services electronically as well.
This document discusses HIPAA and PCI compliance for cloud providers. It provides an overview of what HIPAA and PCI are, why compliance is important for cloud providers, common technology requirements and best practices, and key questions customers should ask providers regarding their compliance. HIPAA regulates the secure handling of patient health information, while PCI sets regulations for securely accepting credit card payments online or in person. The document notes that healthcare and credit card spending combined account for over 25% of the US economy, making compliance critical for cloud providers seeking customers in these industries.
Security, GDRP, and IT outsourcing: How to get it rightN-iX
This document discusses security and privacy challenges for companies in light of growing regulations like the General Data Protection Regulation (GDPR). It outlines key steps outsourcing vendors must take to ensure GDPR compliance, such as performing a gap analysis, creating a data register, evaluating existing technology, analyzing risks, and continuous testing. Choosing an ISO-certified vendor can help companies address security concerns, ensure safe data management, and facilitate business operations in compliance with standards and regulations.
The document summarizes the current regulatory framework for legal services in England and Wales, including a brief history of reforms that led to the Legal Services Act 2007. It discusses the key bodies and objectives in the current regulatory architecture. It also covers the types of reserved legal activities that require regulation, the growth of the legal services market, and findings around alternative business structures (ABS) and the potential for more innovation if further reforms address the fixed list of reserved activities and greater independence between regulators and the profession.
Legal innovation - adapted from AALL 2019LAC Group
The document summarizes a session from the 2019 AALL Annual Conference about embracing sustainable innovation initiatives to build a future-focused library. It discusses how economic and legal disruption is driving law firms to innovate in order to meet client demands for lower costs and greater efficiencies. While law firms are pursuing various innovation efforts like branded initiatives and hiring innovation roles, true adoption of innovations is still limited. The key issues discussed are getting clients to uptake and reward innovation efforts. Successful innovation requires identifying problems to solve, understanding practice needs, having supporters, budget, receptive users, skills, patience, and ideally, client involvement. The conclusion advocates for focusing on incremental change rather than disruption and being aware of potential stumbling blocks when putting the key
The document discusses the development of electronic commerce in Singapore and Hong Kong. It notes that Singapore established an Electronic Commerce Policy Committee in 1997 to promote widespread adoption of e-commerce and position Singapore as a hub. Key recommendations included establishing a legal framework and incentivizing private sector growth. In contrast, Hong Kong's government has not adopted strong initiatives to support e-commerce adoption despite growing private sector interest. The document argues Hong Kong must catch up by fostering more partnerships and expanding beyond just internet services.
Rockit Summit, Andrei Caciurenco - Headquarter in Moldova?! Law hacks regardi...Rockit Conference
This document discusses starting and operating an IT business in Moldova. It notes that Moldova's laws are evolving to align with EU directives and favor fair competition and online public services. Some key laws related to e-commerce, digital signatures, electronic communications, and payment services were mentioned. The document also discusses Moldova's national strategy to promote the digital economy and IT sector competitiveness. It addresses common questions from IT clients around setting up a company, employment regulations, data protection rules, tax incentives for IT businesses, and intellectual property. Overall, the document presents Moldova as working to develop a favorable legal environment for IT startups and businesses.
The document discusses the legal, ethical, and regulatory issues facing e-businesses. It notes that as e-commerce has expanded, new laws and regulations have been introduced to address concerns not covered by existing law. E-businesses must consider issues like jurisdiction, libel, sales tax collection, encryption regulations, and intellectual property when developing strategies. Failure to properly address these issues can lead to lawsuits, fines, loss of income, or criminal penalties. The document examines specific issues like cyber-smearing, outsourcing, and the factors that can contribute to e-business failures like underfunding or poor management.
The document discusses the legal framework for FinTech in Thailand. It outlines key financial and technology laws that regulate the FinTech ecosystem. These include laws around licensing, anti-money laundering, consumer protection, and more. It also examines emerging technologies like electronic signatures, artificial intelligence, and smart contracts. Finally, it provides an overview of Thailand's direction on FinTech regulation and considerations for balancing innovation, consumer protection, and legal compliance.
The document provides an overview of Qatar and the Qatar Financial Centre (QFC). It notes that Qatar has one of the fastest growing economies in the world and is a leading exporter of liquefied natural gas (LNG). It also discusses Qatar's investments in major infrastructure projects and its preparations to host the 2022 FIFA World Cup. The document then summarizes the purpose and functions of the QFC and Companies Registration Office (CRO), including registering and regulating companies within the QFC. It provides details on the registration process, types of legal entities, fees, and requirements for ongoing compliance and filings with the CRO.
Disruptive Finance 2016 (supplement to Het Financieele Dagblad)Jeroen de Bruin
This document discusses the regulatory challenges faced by FinTech startups. It notes that FinTech involves introducing new business models into the heavily regulated financial services industry. The regulations were designed to reduce risks but can undermine startups by requiring them to be risk averse. Two lawyers from Clifford Chance, Alvin Khodabaks and Marian Scheele, provide insights. Scheele notes many FinTech startups are shocked by the extensive regulations around providing financial services like credit and payments. However, the lawyers also point out that regulations do not make business impossible, especially with the harmonization of rules in Europe. PSD2 will help payment providers operate across Europe, but rules for other FinTech solutions like robo-advice still
This document summarizes a presentation on Jersey's beneficial ownership registry reforms. It discusses Jersey's commitment to international transparency standards, existing beneficial ownership regime, and recent agreement with the UK to enhance information exchange. The reforms will update how beneficial ownership information is provided and held, including new forms and a process for third-party service providers to update information. A timeline outlines implementing changes by June 2017, including replacing consent forms, amending registry forms, and developing an API for third party access to the updated registry system.
This document summarizes the 2017 conference of the Association of Latin American and Caribbean Registrars (ASORLAC). The conference aimed to increase information exchange about best registry practices between member countries. It also promoted alliances to improve efficiency and effectiveness of registry systems and strengthen business competitiveness. Specific topics discussed included Colombia's reforms facilitating access to credit through expanded movable assets registries, and reducing business start-up times through electronic registration. ASORLAC is working with Paraguay to implement similar simplified business registration laws based on Colombia's successful practices. The Bogota Chamber of Commerce will serve as a case study on virtualizing registry services for an international report.
This document discusses some of the legal challenges of e-commerce, including unfair terms, cybercrime, and jurisdictional issues. Specifically, it outlines how unfair standard form contracts can negatively impact consumers and businesses. It also examines how cybercrime has increased with the rise of e-commerce and poses a challenge, citing statistics on financial losses from a Norton cybercrime report. Additionally, the document reviews some international and regional efforts to combat cybercrime, such as through organizations like Interpol, APEC, and the Council of Europe.
Technology’s role in data protection – the missing link in GDPR transformationat MicroFocus Italy ❖✔
This document discusses the role of technology in data protection and GDPR compliance. It argues that technology has historically been both the cause of data protection issues as well as the solution, but technologies have not always been designed with data protection in mind. The GDPR will require organizations to critically examine their technologies and ensure they have the capabilities needed to comply with principles like data minimization, individual rights to access and erasure, and security. Organizations need to understand how personal data flows through their systems and assess technology risks in order to design systems that protect privacy by default. Failure to address technology issues could lead to regulatory fines and litigation under the GDPR.
How Does the ePrivacy Regulation and General Data ProtectionShield
Check out this slide to learn about ePrivacy regulation and General Data Protection Regulation. Is their implication brings more challenges to financial industries and Communications Compliance? Go through this slide for full info or visit this link: https://bit.ly/3nxlwLW
Marketing data management | The new way to think about your dataLaurence
Organisations are at a place where opportunity beckons but, all too often, the gesture is obscured by the confusion that surrounds data compliance. Instead of seeing the benefits that can be found in the regulations, such as the General Data Protection Regulation (GDPR), that are being introduced, companies take a retracted view that turns inward, seeing only where these policies cause hindrance rather than the value they can add.
This document summarizes a survey on cyber law in India. It discusses key issues and emerging challenges for cyber law in India, including security issues, ethical issues, lack of standardization, and rapidly evolving technologies. It also discusses implementations and solutions for enforcing cyber law in India, such as establishing more cyber crime cells, implementing a global techno-legal framework, and regular updates to the Information Technology Act. The survey concludes that cyber law is an evolving area with many complex issues and challenges due to the changing nature of both technology and crime, and will require ongoing research and improvements to effectively address cybercrime in India.
This edition of The CEO Views brings to you “Top 10 GDPR Solution Providers 2020”. The list highlights some of the GDPR solution providers who offer the best in class in the technology landscape. The proposed list aspires to assist individuals and organizations to find the best companies that will help them accomplish their projects.
Embracing Digital Convergence amid Regulatory-Driven OverhaulsCognizant
Facing a wave of regulatory changes, including EU's General Data Protection Regulation (GDPR), banks and other financial institutions are wise to coordinate regulatory implementation with digital transformation to deliver value throughout their ecosystem.
1) Ongoing digital transformation will create increased privacy and security threats due to the growth of technologies like 5G and increased use of personal data for business purposes.
2) There has been a continued increase in privacy breaches and enforcements beyond just data security, including cases involving social media use and children's data processing. Fines for breaches have increased substantially.
3) There is a transition occurring from data protection to data governance as the demand for data protection expertise grows significantly. This is driven by new and updated privacy laws and increased enforcement actions.
The document discusses Vietnam's information technology industry and makes several recommendations to further its growth. It notes that Vietnam's IT sector has grown at 16% annually from 2011-2015, but challenges remain. Specifically, it recommends that Vietnam:
1) Reduce costly internet connection prices and increase transparency in pricing to attract more investment.
2) Strengthen data protection laws and increase enforcement to boost consumer trust and investment.
3) Improve IT education and training programs to develop a skilled workforce and meet its goal of 1 million skilled IT workers by 2020.
4) Revise aspects of its draft IT services decree to avoid placing unnecessary burdens on companies and ensure the legal framework supports industry growth.
The document presents a comparative study of the legal aspects of e-commerce in developing countries. It discusses the research objectives, which include understanding the evolution and conceptual framework of e-commerce in India and analyzing the legal aspects, insecurity, and barriers of e-commerce in developing countries through a comparative study. The methodology used secondary research sources to study these topics. The document then analyzes the legal status of e-contracts and digital signatures in several developed countries and India. It identifies challenges in implementing e-commerce in developing countries and concludes by discussing the future scope of e-commerce.
1. The document discusses India's information technology (IT) sector and its potential contributions to broader economic development.
2. It analyzes how IT provides India with comparative advantages, acts as a general purpose technology, and enables recombinant growth. However, opportunities are constrained by factors like skills, infrastructure, finance, and the small domestic market for IT.
3. The document advocates policy reforms to enhance domestic demand for IT and remove bottlenecks, in order to allow IT to contribute more fully to areas like governance, education, operational efficiency and market efficiency. IT is seen as a way to drive broader reforms.
The survey conducted by Tsaaro Academy aimed to understand the privacy job market and privacy as a career choice. Key findings include:
- 96% of privacy professionals had less than 3 years of experience, indicating a growing field.
- 90% felt that privacy job opportunities would grow exponentially.
- 73% of professionals who obtained privacy certifications experienced promotions and salary increases.
- Common certifications held were IAPP and in-house certificates, with an average post-certification pay hike of 15-23%.
- Respondents were satisfied with their privacy roles, giving an average 7.44/10 rating.
- The majority earned between 6-18 LPA, with 33% under 6 LPA
For today’s digital businesses, being prepared to meet new compliance requirements when storing and managing consumer data will not only minimize risk, but also enable more valued and trusted customer experiences that drive increased loyalty, engagement and revenue. To gain better perspective on this important issue, it’s important to understand:
- The trends driving governmental regulatory shifts and the basic tenets of these new laws
- The challenges faced by executives across the enterprise when managing privacy compliance for consumer data
- The emergence of cloud-based solutions that help businesses manage privacy compliance by acting as end-to-end customer data storage and management solutions that are far more scalable and flexible than legacy systems
S26: Techsauce | A New World of FinTech Regulation: What the Future Holds (23...Kullarat Phongsathaporn
The document discusses trends in financial technology (FinTech) regulation. It notes that regulators must balance financial stability, consumer protection, and innovation. New technologies are transforming finance but also present risks. The document outlines regulatory challenges from technologies like blockchain, cryptocurrencies, and cloud computing. It predicts regulators will support FinTech through sandboxes and holistic frameworks while addressing issues like cybersecurity, data privacy, and cross-border consistency.
This document discusses security and privacy challenges in the emerging field of RegTech. It begins by providing background on information security certification bodies like (ISC)2. It then notes that security, privacy, compliance and audit pose both tensions and opportunities for collaboration in RegTech. The document outlines recent privacy laws and regulations globally. It argues that privacy and security are not a zero-sum game and that regulation can lead them to mutually reinforce one another. The document then discusses how COVID-19 is accelerating digital transformation and the related security challenges. It provides an overview of the goals and applications of RegTech in financial compliance and risk management. Finally, it acknowledges some risks and obstacles that may hinder RegTech's potential.
TPP and Digital Rights: Indonesian Perspective OverviewICT Watch
This is a very brief review of Trans Pacific Partnership (TPP) from Indonesian perspective, focused on 2 provision that related to the digital rights, e-commerce and intellectual property.
Summary of the 5 TPP's Impacts:
Cross-border Data Transfer
- TPP: restriction of cross-border digital data transfer is not allowed
- standard for data and personal information?
- Jurisdiction? Bilateral /multilateral agreement?
Data Center Territory
- TPP: computing facility / data center localization is not allowed
- Indonesian Government Regulation No. 82/2012?
- Localization = trade barrier? Market (traffic) domination?
Copyrighted Digital Content
- TPP: immediate remove/disable digital content of the copyright infringement
- Liability of service providers? User-generated content?
- Regulation? Procedure? How about fair-use?
Trade Secret in Computer System
- TPP: unauthorized access of trade secret in a computer system is a criminal
- Revelation of a corporate wrongdoing is criminal?
- New threat for whistleblower, journalist or netizen who tell the truth?
Internet Access for Consumer
- TPP: Consumer’s Internet access subject to “reasonable network management”
- Justification for “reasonable”? Unjustifiable discriminatory?
- Limitation of “network management” practice? Net neutrality?
e-Transmission Custom Duties
- TPP: custom duties on electronic transmission is not allowed
- Global operators’ revenues are stagnating, operating and capital expenditures are increasing. Meanwhile, the “over-the-top” (OTT) players that piggyback free on telecom systems are gaining in number and popularity, making the traditional operators’ task that much more difficult* ?
- Taxing of over-the-top (OTT) services? Digital products?
Compiled by ICT Watch - Indonesia.
*) http://www.strategyand.pwc.com/perspectives/2015-telecommunications-trends
#FIRMday Manchester Autumn 2017 - The General Data Protection Regulation (GDP...Emma Mirrington
On 25th May 2018 the business landscape and particularly that of recruitment will change forever. The General Data Protection Regulation (GDPR) comes into force. The power imbalances that exist today between companies and individuals will be evened out through a suite of increased rights for individuals in terms of the use of their personal data, reinforced by a range of sanctions that could put financial burden and reputational consequences onto those businesses that show a lack of respect towards privacy. Lucy Kendall of ComplyGDPR will explore what this means for recruitment activities and how you can protect your business from the things that do go wrong.
Company Secretaries- Adding Value through TechnologyPavan Kumar Vijay
With the advancement of IT and Internet-based systems and tools, the scope of corporate and legal consultancy has widened; we can easily provide services to bigger and global clients. But the competition will also be with global players. So Company Secretaries have to learn and adapt new technologies to provide speedy solutions with collaboration of Human Intelligence and Internet based knowledge.
The Impact of Data Sovereignty on Cloud Computing in Asia 2013FairTechInstitute
This document analyzes the impact of data sovereignty regulations on cloud computing adoption in Asia. It assesses 14 Asian countries based on factors such as cloud access, data safety, international consistency, cross-border data movement, and regulatory stability. Japan, New Zealand and Singapore scored the highest as they have regulations most aligned with an "ideal state" of unambiguous, globally-aligned rules allowing cross-border data transfers with proper data protection. Countries like China and Vietnam were among the lowest scoring due to restrictions on data localization and inconsistent regulatory environments. The report provides insights to help organizations understand challenges and make informed decisions regarding cloud adoption and services across Asia.
The Impact of Data Sovereignty on Cloud Computing in Asia 2013 by the Asia Cl...accacloud
The Impact of Data Sovereignty on Cloud Computing offers detailed information describing the implications of data sovereignty law and policy on the adoption of cloud computing-based infrastructures and services in Asia. By describing and analyzing data sovereignty regulations in 14 countries in this study, the Association identifies potential bottlenecks that could slow adoption and threaten Asia’s digital future.
The study serves to identify the gaps between an “ideal state” and the actual realities in Asian countries around policy, legal and commercial cloud drivers to provide a tool for businesses organizations, cloud service providers and policy makers to look at cloud in a more holistic manner.
This report provides substantive detailed analysis for each of the 14 countries, including 4-5 page detailed insights into the regulatory environment for data sovereignty in each country and recommendations for each country to bring attention to the highest priority issues that if addressed will bring the country closer to the “ideal state.”
For more information, visit http://www.asiacloudcomputing.org
IRESS Predictions 2018: Regulation. Transformation. Conversation. Sian Gulliver
2018 is shaping up to be an interesting year for financial services, so what will set the agenda for financial firms in 2018?
What will shape the delivery of financial services in the coming year? 2018 will be the year of regulation, transformation and conversation. Here's our predictions for the tech bringing change.
Similar to Indian Privacy Laws and Aadhaar- case Study (20)
Nanda Mohan Shenoy gave a presentation on cyber security at the CEPAR 9th Annual International Conference at K J Somaiya Institute of Management in India. The presentation highlighted that there are 578 ransomware attacks every minute and over 55,000 username and password attacks each day. Shenoy discussed cyber warfare by countries like Russia, China and North Korea. He also provided cyber crime statistics for India, noting that over 52,000 cyber crime incidents were reported in 2021. The presentation concluded by noting that many organizations believe they will not experience a cyber attack despite the frequent occurrence of attacks.
The Digital Personal Data Protection Bill 2022 has been released by the Government of India in November 2022 for public comments and feedback.
This is the feedback which has been submitted to the Government by Bestfit which is summarized in ppt form for easy comprehension
The document provides an overview and agenda for a presentation on data privacy assurance standard IS 17428. It discusses the global and Indian landscape of privacy, providing examples of key standards, frameworks, and laws. It then gives a detailed overview of some of the main clauses within IS 17428, including those relating to privacy principles, security requirements, data privacy management systems, and rights of data subjects. Finally, it examines annex B of the standard which provides considerations for security and privacy in cloud infrastructure.
A Critical Study of ICC Prosecutor's Move on GAZA WarNilendra Kumar
ICC Prosecutor Karim Khan's proposal to its judges seeking permission to prosecute Israeli leaders and Hamas commanders for crimes against the law of war has serious ramifications and calls deep scrutiny.
Indonesian Manpower Regulation on Severance Pay for Retiring Private Sector E...AHRP Law Firm
Law Number 13 of 2003 on Manpower has been partially revoked and amended several times, with the latest amendment made through Law Number 6 of 2023. Attention is drawn to a specific part of the Manpower Law concerning severance pay. This aspect is undoubtedly one of the most crucial parts regulated by the Manpower Law. It is essential for both employers and employees to abide by the law, fulfill their obligations, and retain their rights regarding this matter.
2. Nanda Mohan Shenoy
Director & CEO
Bestfit Business Solutions Private Limited
21March2018
Meeting Compliance requirement in
Digital World-Financial Services
3. Opening Remarks
Why Compliance?
The Only cost that is going up in the current scenario
Compliance Cost
Other Costs moving southward
Transaction
People
Technology
Penalties and fines by regulators
What is Compliance?
Nothing but a costly Policeman
COMPLIANCE
C-POLICEMAN
4. Highlights
Evolution to Digital world
Compliance Landscape
Data Compliance Drivers
General and specific compliance in Asia
GDPR
Competencies Required
12. Privacy Laws
Act on the Protection of
Personal Information
(APPI) -30 May 2017
Personal Data (Privacy)
Ordinance (Cap. 486 of
the Laws of Hong Kong)
(Ordinance).
The Australian
Privacy
Amendment
(Notifiable Data
Breaches) Act 2017 -
22-Feb 2018
New Cyber Law-
June 2017
13. India Case Study
1. 1.2 Billion residents of India Uniquely Identified using Biometrics
and the data is highly sensitive
2. Contains SPDI in Indian Parlance equivalent to personally
Identifiable Information (PII) Globally
3. Information Technology Act 2000
• Major Amendment in 2008
4. Data Protection Framework –Draft released for public comments
5. Major Supreme Court Judgment on Privacy as a Fundamental
right a couple of months back
6. Government goes full hog on protective Sensitive Personal Data
of Aadhaar
14. India Case Study-Use Case
Aadhaar Data used day in and day out by various agencies
15. Securing Aadhaar Data
Aadhaar number must
be stored in a vault in
an encrypted manner
whose key should be in
a FIPS 140-2 compliant
device