The fintech sector in Indonesia is booming, and some of the companies involved have begun discussions with the Financial Service Authority (OJK) on what shape regulations should take. This week, we hear from OJK itself.
As Malaysia moves toward becoming a digital economy, there are two main challenges that may stymie the nation’s aspiration: The regulatory burden and a low awareness of cybersecurity.
A major announcement was made last week in Parliament that would have probably slipped the notice of most Malaysians, but which may have dire repercussions for freedom of expression on the Internet, writes A. Asohan.
The review of the Malaysian Communications and Multimedia Commissions Act 1998 (MCMCA 1998) and the Communications and Mulitmedia Act 1998 (CMA 1998) is expected to be completed by mid-year, and will be tabled in Parliament before the end of the year, said newly-appointed MCMC chairman Dr Halim Shafie.
A summary of the plethora of Malaysian cases involving the online world in 2013 The Government still needs to look at legislation to address many other issues Bread & Kaya by Foong Cheng Leong
The MCMC made reference to the CCTV recording of the deadly shooting of Ambank officer Norazita Abu Talib when it said that the dissemination of gruesome recording and images was an offence under sections of the CMA, which is stretching the applicability of these laws too far, writes Foong Cheng Leong.
The Singapore Government’s move last week to regulate online news, including the local edition of Yahoo News, has resulted in public protests while Malaysians are watching developments closely after one of their own ministers said the Malaysian Government might follow suit.
TIime is running out for Malaysian companies to comply with the imminent implementation of the Personal Data Protection Act (PDPA).
The Malaysian Government has gone ahead to gazette a controversial amendment to the Evidence Act 1950 despite the objections and concerns of the online community and civil advocates, who have said it would have a chilling effect on freedom of expression.
A speech by Malaysia’s Information, Communications and Culture Minister, Datuk Seri Dr Rais Yatim, hints that the Government is mulling more concrete methods of reigning in social media networks.