Baker McKenzie partner based in Chicago, Samuel Kramer, has contributed to the United States: TMT Chapter of the 2024 Legal 500 TMT Country Comparative Guide. The 8th Edition of this chapter provides an overview of TMT laws and regulations applicable in the United States. The aim of the Country Comparative Guide is to provide its readers with a pragmatic overview of the law and practice of technology law across a variety of jurisdictions. Each chapter…
Subsequent to our client alert issued on 29 July 2024, the licensing framework for internet messaging services and social media services was gazetted on 1 August 2024. With effect from 1 January 2025, internet messaging services and social media services providers (collectively, “Service Providers”) with 8 million or more users in Malaysia, must hold an applications service provider class licence (“ASP(C) Licence”) pursuant to the Communications and Multimedia Act 1998 (“CMA”) in order to make available their services into Malaysia. Contents…
The Electronic Signatures Act (ESA) of Taiwan, enacted in 2001, has undergone its first major amendment (“Amendment”) in response to the rapid global digital transformation and the changing landscape of digital services and digital economy in Taiwan. With the proliferation of digital solutions and the increasing demand for electronic documents and signatures, particularly accelerated by the COVID-19 pandemic, the Taiwan Legislative Yuan passed the Amendment on 30 April 2024. The Amendment will take effect following…
The ICO has recently launched a public consultation on the first chapter of its draft guidance on generative AI and data protection. This consultation has a particular focus, it is a call to explore the lawful basis for extracting data from the web to train generative AI models (a process which is becoming more common across numerous markets). The ICO is requesting input from developers, users and wider interested parties. What is generative AI? Generative…
The SDPA and the CNMC, among other institutions, launch a series of coordinated actions related to the age verification of minors online, aimed at reinforcing their protection and preventing their access to harmful content. As in the rest of the European Union, the protection of minors online is one of the main areas of concern of Spanish authorities such as the Spanish Data Protection Agency (“SDPA”), the National Commission for Markets and Competition (“CNMC”) and…
Social media has become an increasingly vital part of firmsâ marketing strategies across industries, and the financial sector â including its growing number of financial influencers or âfinfluencersâ â is no exception. In light of this trend the UK financial services regulator, the Financial Conduct Authority (FCA), has published a consultation to update its guidance on social media financial promotions. With this new guidance, the FCA wants to ensure its expectations of financial promotions on…
NFTs (Non-fungible Tokens) continue to grow in popularity, but the inherent misalignments in speed between legislation and innovation present a major challenge. NFT project developers, companies interested in using NFTs as an entry point into the web3 world and other stakeholders face legal challenges regarding regulatory matters, aligning these projects with more traditional legal requirements (such as eCommerce related consumer laws) and potential IP (Intellectual Property) breaches. Although there are few legal precedents for NFTs,…
Vietnam is releasing a brand-new draft decree superseding Decree No. 72/2013/ND-CP (as amended) (âDecree 72â) on the management, provisions, and use of Internet services and online information (âDraft Decreeâ).
On 19 June 2023, the Vietnam Authority of Telecommunications under the Ministry of Information Communication held a workshop to collect relevant stakeholders’ comments on the management policies towards data center services, cloud computing services, and OTT services in the Draft Law on Telecommunications.
February 2023 saw a landmark decision for brand owners and digital assets, as a first instance court decided the first US case to consider the application of trademark rights to digital artworks linked to Non-Fungible Tokens (NFTs). The decision (detailed in our alert here) centered around “MetaBirkins”: a collection of unique virtual tokens linked to digital faux-fur versions of the coveted HermĂšs Birkin bag. HermĂšs sued Rothschild for trademark infringement, dilution and cybersquatting, and the…