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The UAE’s Ministry of Health and Prevention (MoHAP) has issued a long awaited resolution setting out exceptions to Article 13 of Federal Law No. 2 of 2019 (“Health Data Law”), which by default prohibits the transfer, storage, generation or processing of health data that relates to health services provided in the UAE (“UAE Health Data”) outside of the UAE.

Banks seem to face difficulties in implementing their digital transformation projects due to the regulatory restrictions directly or indirectly applicable to cloud computing. This publication represents the initial results of Baker McKenzie’s Kyiv office ongoing research of potential regulatory obstacles for a bank to migrate into a cloud environment leveraging market survey conducted during spring this year.

As Asia Pacific business leaders continue to make important decisions to meet business needs, they need to navigate post-pandemic challenges and future complexities around strategic M&A activity. The third report in Baker & McKenzie’s Asia Pacific Business Renewal Series, explores how digital transformation has become a driving force in business decision making, and how it will shape the business landscape over the decade to come.

The European Commission, on 30 June 2021, proposed reforms to the General Product Safety Directive in the form of a Regulation, intended to safeguard consumers. The Proposal makes substantial amendments to the GPSD, which has been in place for the last 20 years, seeks to increase the protection offered to EU consumers in respect of products they purchase, both in store and online, whilst also addressing challenges posed by today’s modern world, which has been reshaped by digitalization and the COVID-19 pandemic.

On 1 July 2021, the Wage Theft Act 2020 (Vic) will come into effect. The Act makes it a crime for an employer to deliberately underpay employees, to dishonestly withhold employee entitlements or to fail to keep proper records of employee entitlements in order to gain a financial advantage. These crimes are punishable by a fine of up to AUD 198,264 or 10 years jail for individuals, and a fine of up to AUD 991,320 for companies.

The pace of digital transformation has been accelerating worldwide. As part of this continued growth trajectory, the use by corporates of data centres has become essential. The COVID-19 pandemic has given an additional boost to the expansion of the digital economy, as businesses adapt to home-working and additional data needs. Planning for an increasingly digital and innovative future will rely not only on the existence of appropriate infrastructure but also on the ability of market participants to access it.

This report, the third in our Asia Pacific Business Renewal Series, explores how digital transformation (DX) has become a driving force in business decision making, and how it will shape the business landscape over the decade to come. As companies respond to shifting demand patterns and propel their DX agenda, the conversation turns to areas such as managing emerging risks, creating value from new technologies and aligning DX efforts with business renewal.