Baker McKenzie’s newly updated Global Private M&A Guide is a comprehensive resource examining the impact of new and existing laws affecting deal structuring and private M&A generally in nearly 40 jurisdictions.
In a move towards regulating digital platforms, the Malaysian Communications and Multimedia Commission (MCMC) announced on 5 September 2023 that it:
a. Had been in discussions with certain online platforms to address the challenges posed by the evolving landscape of online media
b. May be seeking to introduce a regulatory framework (in the manner of Australia and Canada) to ensure that news content creators are fairly compensated by online platform providers who use their content
c. Aims to implement “rules of the road” for implementation of artificial intelligence technology (AI)
The capabilities and use cases for AI and ML are moving at lightning speed, and the law is trying to catch up. Legal, compliance and governance functions must manage risk and develop processes and policies for AI projects that work with the law as it is today, while also anticipating the coming wave of legal, regulatory and technological change.
In this webinar series, our EMEA team discussed the IP and data privacy issues raised by AI, the developing regulatory landscape and practical issues when contracting for AI.
On 25 July 2023, Provisional Measure No. 1,182/2023 was issued, amending Law No. 13,756/2018, to discipline the operation of the fixed-odds lottery by the Union, that is, mainly to regulate the performance of sports betting sites in Brazil, among other minor points.
Regulatory developments in relation to online content continue at pace. Australia’s classification regime for films and computer games is set to be revamped. Meanwhile, new regulatory powers to combat misinformation and disinformation are proposed.
On 23 June 2023, the National Assembly passed the Law on e-Transactions (amended), replacing the current Law on e-Transactions No. 51/2005/QH11. The new law includes seven chapters and 54 articles addressing various issues that will directly impact both onshore and offshore businesses that transact with consumers in Vietnam. It will come into force on 1 July 2024.
The Health Pod, Baker McKenzie’s industry podcast series, highlights sector-specific issues and trends that affect healthcare and life sciences companies.
Our latest Doing Business in South Africa Guide outlines some of the principal matters affecting an overseas entity that wishes to establish and operate a business in the country. The Guide offers a range of practical advice and useful guidance for entities seeking to do business in the country.
On 30 June 2023, the Ministry of Information and Communications issued two circulars, Circular No. 05/2023/TT-BTTTT and Circular No. 06/2023/TT-BTTTT, to guide the implementation of Government’s Decree No. 06/2016/ND-CP, as recently amended (by Decree No. 71/2022/ND-CP).
On 2 June 2023, Disposition 2/2023 of the Undersecretariat of Information Technologies of the Cabinet Chief was published in the official gazette, approving the “Recommendations for a Reliable Artificial Intelligence”.