Archive: March 2024

The new Digital Assets Law No 2 of 2024 (the Digital Assets Law) was enacted in the Dubai International Financial Centre (DIFC) on 8 March 2024, alongside significant supporting amendments to existing legislation.

On 1 March 2024, Singapore’s Personal Data Protection Commission (PDPC) issued the Advisory Guidelines on the Use of Personal Data in AI Recommendation and Decision Systems (AI Advisory Guidelines). These AI Advisory Guidelines followed a public consultation which concluded in August 2023. Our blog post on the public consultation for the draft AI Advisory Guidelines can be accessed here.

On 7 March 2024, the European Court of Justice (the ECJ) published an important decision in relation to IAB Europe’s Transparency and Consent Framework (the TCF).

On March 13, the EU Parliament voted to adopt the EU’s AI Act. The AI Act is the EU’s first comprehensive legislation setting rules regulating artificial intelligence on an EU-wide basis. It will impose new and significant obligations on those developers, distributors, and users of AI systems that affect people in the EU.

On 1 and 2 February 2024, at the fourth 4th ASEAN Digital Ministers Meeting (ADGMIN) in Singapore, ASEAN unveiled.

The UK Department for Science, Innovation, and Technology (DSIT) has published its response to its consultation on its white paper, ‘A pro innovation approach to AI regulation’ (the Response). The Response outlines key investment initiatives and regulatory steps.