The recent decision by Sessions Court judge Sazlina Safie in the case of Yew See Tak v Luno Malaysia Sdn Bhd raises significant legal questions regarding the duty of care owed by cryptocurrency platforms to their users, particularly in the context of unauthorised transactions. This commentary will explore the legal principles underlying the judgment, the implications for financial service providers in the digital asset space, and the potential avenues for appeal.
Written by Loh Zheng Feng Introduction In tandem with the Asean Guide on AI Governance and Ethics, Malaysia unveiled its National Guidelines on Artificial Intelligence Governance & Ethics (‘AIGE’) on 20 September 2024. This comprehensive…
Malaysia’s recent announcement to introduce a new regulatory framework for social media and internet messaging platforms with over eight million users has sparked significant debate. While the government argues that the move will enhance online safety, especially for children and families, critics fear that it may suppress freedom of expression. This commentary explores the framework’s legal implications, contrasting it with comparable laws in other nations and going over possible effects on users, platforms, and wider civil freedoms.
Written by Richard Wee and Sangitha Gnanaguru In the evolving world of digital currencies, where anonymity and transparency coexist, the United States District Court for the District of Columbia faces an intriguing case. At the…
Written by Fatin Ismail On the 27 of March 2024, the Dewan Rakyat passed the Cyber Security Bill 2024. This bill seeks to enhance the national cyber security by requiring compliance of certain measures, standards…
Written by Richard Wee and Ding Huoy Huoy In March 2022, the Digital Markets Act (“the DMA”) was approved by the European Parliament to limit the power of the large tech companies in the digital…
By Richard Wee and Chu Kei Yuen Overview The Cyber Security Bill 2024 (“the Bill”) was passed by the Dewan Negara on 3 April 2024. The Bill aims to improve Malaysia’s cyber security by requiring…
In recent years, the landscape of transportation in Malaysia has undergone a significant transformation with the introduction of electric vehicles (EVs). While countries around the world have embraced EV technology for some time, Malaysia has only recently welcomed these eco-friendly alternatives to traditional combustion engine vehicles.
Written by Richard Wee, Fatin Ismail and Tai Sher Lynn On the 9th of December 2023, the Parliament and Council of the European Union (‘the EU’) reached a provisional agreement on the Artificial Intelligence Act…
On the 9th of December 2023, the Parliament and Council of the European Union reached a provisional agreement on the Artificial Intelligence Act. In short, the regulation aims to sustain fundamental rights, democracy, the rule of law and environmental sustainability are protected from high risk AI.
