Last modified on November 21st, 2022 at 4:53 pm
The Australian Securities and Investments Commission (ASIC) has commenced civil penalty proceedings against BPS Financial Pty Ltd (BPS) for making allegedly false, misleading, or deceptive representations and unlicenced conduct in respect of the non-cash payment facility, Qoin. BPS offered retail consumers and business owners access to the Qoin cryptocurrency token and digital wallet since 2020. …
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Last modified on November 21st, 2022 at 4:55 pm
The Australian Government has proposed the Privacy Legislation Amendment (Enforcement and Other Measures) Bill to strengthen Australia’s privacy and security framework following the increased data breaches. The Bill covers four main objectives: Significantly increase penalties for serious or repeated privacy breaches – most notably, the penalty cap will be raised from $2.22 million to greater …
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Last modified on November 21st, 2022 at 4:56 pm
Litigation refers to court proceedings commenced by a company or other entity. It can be time consuming, expensive and intense. Therefore, litigation should only be pursued as a last resort. A good lawyer can help clients involved in commercial disputes firstly to prevent litigation, if possible, and then if litigation is commenced, to achieve a …
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Last modified on November 21st, 2022 at 4:58 pm
The New Zealand (NZ) Employment Court has handed down a landmark decision to declare that Uber drivers are to be classified as employees. The employment status of Uber drivers on the ride-sharing platform has been in contention in many nations around the world. In early 2021, the UK Supreme Court held that Uber drivers are …
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Last modified on November 21st, 2022 at 4:59 pm
The NSW Government will back an artificial intelligence (AI) NSW Parliamentary Inquiry into the development and use of AI across the state. The Inquiry will determine whether NSW’s legislative framework is fit-for-purpose in regard to AI use. The Inquiry is said to explore areas such as health, transport, and cybersecurity, as well as assess facial …
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Last modified on November 21st, 2022 at 5:02 pm
The UK Department for Digital, Culture, Media and Sport (DCMS) has announced plans to replace the General Data Protection Regulation (GDPR) in the UK with a completely new data protection regime. Secretary of State for the DCMS, Michelle Donelan, addressed this change during the Conservative Party Conference 2022 with a focus on growth in the …
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Last modified on November 21st, 2022 at 5:03 pm
A class action lawsuit has been brought in the UK against Amazon for allegedly abusing its dominant position to promote its own products and hide deals from consumers. The UK Competition and Markets Authority (CMA) has been investigating Amazon’s allegedly anti-competitive behaviour since July 2022. The CMA believes that Amazon’s UK marketplace may have breached …
Last modified on November 21st, 2022 at 5:03 pm
At Arnotts Technology Lawyers, our regulation lawyers have specific experience advising clients on their regulatory obligations. For example, we regularly advise clients on their obligations under the Corporations Act, Competition and Consumer Act (including the Australian Consumer Law) and the Privacy Act (including the Australian Privacy Principles). Some of the different laws and regulations that …
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Last modified on November 21st, 2022 at 5:04 pm
IT Law refers to the category of law that applies to information technology (IT). It covers all of the different legal issues that can arise for customers and suppliers of IT. As Best IT lawyers in Australia, we regularly advise clients on all areas. The concept of “IT Law” covers mergers and acquisitions in the …
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Last modified on November 21st, 2022 at 5:06 pm
The Labor Government has announced a proposed multi-step plan to establish a new cryptocurrency regulatory framework in Australia. In his joint media release, the Treasurer of Australia highlighted the importance of providing greater protection for consumers engaging in cryptocurrency assets and related services. Despite Australia’s economic push into the digital asset space, regulation is not …
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