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On 24 November 2023, the Vietnam National Assembly (NA) officially approved the new Law on Telecommunications. This new law will supersede the existing 2009 Law on Telecommunications, which has remained effective since 2010.
The new law comprises 10 Chapters and 73 Articles that provide, among others, new regulations regarding the provision of data center services, cloud computing services, and OTT services in Vietnam.

On Tuesday, 23 January 2024 we are hosting an in-person client event in our New York office on Generative AI: Harnessing the Power and Mitigating Risk. The program includes an exciting in-house counsel panel featuring key speakers from Calix, Wolters Kluwer and Tiffany & Co. We’ll also hear from a cross-discipline Baker team who will discuss legal and regulatory considerations and mitigating risk when using Gen. AI,

On 27 October 2023, Thailand’s Personal Data Protection Committee published for public consultation two new draft rules regarding cross-border transfer of personal data. These two draft rules, namely: (1) Draft Whitelist Notification and (2) Draft Binding Corporate Rules and Appropriate Safeguards Notification, upon becoming effective as binding laws, will serve to expand the available options for making a lawful transfer of personal data outside Thailand in compliance with the Personal Data Protection Act B.E. 2562.

On 20 November 2023, Australia’s eSafety Commissioner (“eSafety”) released drafts of two new industry standards under the Online Safety Act 2021 (Cth) (OSA) for public consultation.
The Standards cover providers of:
• Relevant electronic services, which cover a wide category of services that allow end-users to communicate online (including email, SMS, MMS, chat, instant messaging, various online games and dating services).
• Designated internet services, which cover a broad range of websites and apps not otherwise captured by the RES Standard or the industry codes that have been registered by eSafety under the OSA.

Following Administrative Decision No. 641/2021 on “Minimum information security requirements for the national public sector,” the AAIP approved its information security policy. The purposes of the policy are to protect the information resources of the AAIP and the technological tools used for their processing; ensure the confidentiality, integrity, availability, legality and reliability of information, and strengthen the adequate implementation of security measures, identifying available resources.

On 30 October 2023, President Biden issued a 63-page Executive Order to define the trajectory of artificial intelligence adoption, governance, and usage within the United States government. The Executive Order outlines eight guiding principles and priorities for US federal agencies to adhere to as they adopt, govern, and use AI. While safety and security are predictably high on the list, so too is a desire to make America a leader in the AI industry, including AI development by the federal government.

PE investors need to be attuned to antitrust issues, particularly on the sell side, when investing in technology given the current US Federal Trade Commission’s aggressive approach to enforcement and focus on big tech. National security concerns and data security also loom large. Download the full PEI Keynote Interview to understand how antitrust, national security and data protection issues are key to PE firms when executing deals in the technology industry.

The United Kingdom just hosted the first-ever global Artificial Intelligence Safety Summit on 1 and 2 November 2023, an event that brought international attention to the regulation of Artificial Intelligence. UK Prime Minister Sunak underscored the urgency for global collaboration in the governance of AI, a technology that defies national boundaries and demands a collective regulatory approach. The summit’s outcome was the Bletchley Declaration, a commitment signed by leading nations, including Germany, the United States, and China, to enhance cooperation in the development and regulatory oversight of AI technologies.

Artificial Intelligence is a leading technology that is advancing rapidly. Many industries are anticipated to benefit from AI assistance, which may also affect human workforce in certain industries in the near future. Currently, two draft legislations have been introduced in Thailand: (i) The Draft Royal Decree on Business Operations that Use Artificial Intelligence System; and (ii) The Draft Act on the Promotion and Support of AI Innovations in Thailand.