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Avoiding legal and regulatory pitfalls in digital transformation projects
This article first appeared in the September 2024 issue of Financier Worldwide.
Autonomous vehicles are a common way for third parties to collect personal information about users. In an increasingly connected world, the concept of mobility as a service where rental or ridesharing services enable users to book, use, and pay for transportation has taken off and varying levels of AVs are increasing in popularity.
AVs range from cars that have some level of automated assistance with steering, parking, or breaking, to fully self-driving vehicles. While AVs offer many benefits to consumers, the vehicles collect an enormous amount of personal information about passengers. Some of the information collected may be shared with third parties that use the data for secondary purposes. While no federal law directly addresses these concerns, several state laws apply to the types of personal information AVs collect.
This article examines personal data collection of ridesharing or rented AVs. It reviews personal data collection of different types of AVs, what passengers should be aware of, and legal considerations for AV operators.
Publication
This article first appeared in the September 2024 issue of Financier Worldwide.
Publication
The Digital Markets, Competition and Consumers Act (DMCC Act) received Royal Assent on 24 May 2024 and is generally expected to come into force in autumn this year.
Publication
On 26 July 2024, the People’s Bank of China (PBOC) and the State Administration of Foreign Exchange (SAFE) jointly released revised rules in respect of the investments into China’s financial market through the Qualified Foreign Institutional Investor and Renminbi Qualified Foreign Institutional Investor (collectively, QFII) regime (the New Rules).
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