The OAIC’s latest report on the Privacy Act’s notifiable data breach scheme reveals a declining number of notifications.

06 September 2023

As the Australian Prudential Regulation Authority (APRA) has recently taken enforcement action against an Australian authorised deposit-taking institution (ADI) under the Financial Sector (Collection of Data) Act 2001 (“FSCODA”) , we thought it timely to provide a refresher on the requirements of FSCODA and potential consequences of non-compliance.

11 July 2023

The Minister for Finance, Senator the Hon Katy Gallagher, recently launched for consultation a draft Data and Digital Government Strategy: The data and digital vision for a world-leading APS to 2030 (Draft Strategy). You’re invited to make comments on the Draft Strategy by 25 July 2023.

07 July 2023

Fraud is one of the thorniest problems for banks and their customers globally, with billions of dollars of leakage to opportunists, criminal syndicates and thieves. The Hong Kong Monetary Authority (HKMA) has recently announced Hong Kong’s newest institutional financial crime tool – FINEST. The initiative was launched in collaboration with the Hong Kong Police Force (HKPF) and The Hong Kong Association of Banks (HKAB). King & Wood Mallesons was delighted to serve as legal advisor on the project. This alert summarises the key points to know.

30 June 2023

More than two years ago, the European Union (EU) released the first draft of the Artificial Intelligence Act (AI Act). This was the first significant attempt at regulating AI on a large scale. In June, it passed a major milestone bringing it closer to finalisation. There is some way to go, but the signs are clear. Our experts share what the AI Act means for companies worldwide – and why now is the time to start thinking about risk mitigation steps.

26 June 2023

Artificial Intelligence (AI) is increasingly becoming a focal point for lawmakers and regulators around the world. Like many nascent technologies, AI has the potential for both harmful as well as positive outcomes, with algorithmic biases and the generation of misleading or erroneous outputs of particular concern. Consequently, safety and the effective management of AI risk has been at the forefront of the minds of Australian regulators. While some overseas jurisdictions are already further down the path towards AI regulation, there have been three recent significant developments in

26 June 2023

Only last September and October we published our AI Guides to AI & Copyright Infringement and Ownership of AI Generated Works.

11 May 2023

The Indian data centre market has attracted significant interest from foreign investors. This, in part, is due to the efforts of the Indian government to significantly improve the country’s IT infrastructure under the National Digital Transformation Programme, as well as recently-passed data localisation laws and the growth of the e-commerce and FinTech solutions sectors. In this short guide, we share our insights on the key considerations for foreign investors pursuing data centre opportunities in India, such as structuring, financing (equity and debt) and regulatory considerations. As investors, developers, contractors and operators in the digital infrastructure sector globally look to improve the sustainability of their digital infrastructure assets, demand will increase for businesses engaged in creating solutions for efficient data storage and management.

10 May 2023

Released in February this year, the Government’s long-awaited Privacy Act Review Report (Report) contains 116 proposals for privacy reform. In this, our second article in the Privacy Bytes series, we take a closer look at the new individual rights the Report proposes to include or expand in the Privacy Act.

09 May 2023

This decision means that the lower court’s ruling holds — US patents can only be issued to human inventors and that Dr Thaler’s AI system (Device for the Autonomous Bootstrapping of Unified Sentience or DABUS) could not be considered the legal creator of two inventions that Dr Thaler said it generated.

27 April 2023

Artificial intelligence (AI) has captured the attention of the world over the last 12 months. From AI chatbots to AI-generated art and inventions, AI has the potential to radically transform our economy, our society, and humanity.

19 April 2023

ChatGPT, the artificial intelligence chatbot developed by OpenAI, has become the fastest growing consumer product in history, reaching 100 million monthly active users within a mere 2 months of its launch. It has caused shockwaves across the education, media and marketing industries and has stoked fears of broader job losses amongst white collar workers.

14 April 2023

The Government’s long-awaited Privacy Act Review Report contains 116 proposals for reform. While not fundamentally changing the current principles based approach, these proposals will require a step change in how Australian companies collect and use personal information.

30 March 2023

Data centres – and in turn investments relating to them – are increasing worldwide. Japan is home to the third largest number of data centres, after the US and China. The regulatory settings in Japan may make it a more attractive destination for data centre investments in the future. In this insight, we look at laws and regulations relating to data centres in Japan, as well as: - Why it might become a favoured investment destination - Customer contracting considerations - Investment structuring - ESG considerations (in particular, renewable energy), and - Considerations when selecting the location of a DC. Our experts are closely watching this space, both in Japan and across Asia.

22 March 2023

The Government has released a long-awaited report setting out its privacy reform agenda. This landmark report proposes many significant changes.

17 February 2023

In this short guide, we share our insights on the key considerations for foreign investors pursuing data centre opportunities in Vietnam.

12 October 2022

In allowing the appeal, the majority found that, in circumstances where Google did not participate in the writing or dissemination of the defamatory article, the provision of the hyperlink merely facilitated access to the article. Google neither “lent assistance” to the original publisher, nor did it participate in any “bilateral process” of, communicating the article to third-party users.

18 August 2022

With the promise of cost savings, greater flexibility and ability to scale, it is not surprising that companies are continuing to move their key business applications and data to the cloud.

15 August 2022

Yet the ancient origin of the word goes to the essence of today’s regulatory tension: ‘crypto’ has its origin in the Greek word ‘kruptos’, meaning ‘hidden’. Governments and regulators around the world are working to bring crypto assets into view.

22 February 2022