#8 Asia AI Policy Monitor >>Preview
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#8 Asia AI Policy Monitor
Developments in AI regulations in Australia, New Zealand, Korea, India, Taiwan, Vietnam, Singapore, Pacific Islands...
AUG 27, 2024
Competition
Korea’s Fair Trade Commission will examine the domestic and foreign genAI industry for competition issues through a survey starting earlier this month.
Intellectual Property
Korea’s Presidential Committee on IP published a report on AI and IP issues, calling for further stakeholder engagement and international cooperation on the issues, in particular around genAI content.
India’s Bombay High Court issued a judgement in favor of a plaintiff who sued a genAI company for infringing his right of publicity/personality in his image, name and voice.
Japanese manga artist-turned lawmaker suggests that genAI providers set aside 1% of earning to share with artists:
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Akamatsu [the lawmaker] said Japan should be "cautious" about legal restrictions on AI, not just because of the party's pro-business policies, but also to protect creators.
Privacy
Hong Kong’s Personal Data Privacy Commissioner published a guide to prevent deepfake fraud, including these 6 tips:
Be vigilant: Think twice before providing any personal data, verify the purpose of collection of such data and whether it is mandatory to provide them. Do not disclose personal data to others arbitrarily, avoid clicking or scanning suspicious links and QR codes, and do not log into any suspicious websites;
Finance
Hong Kong Monetary Authority (HKMA) issued guidance for consumer protection in the use of genAI in the finance industry.
Additionally the HKMA is supporting a genAI sandbox approach to boost the use of AI tools in the financial industry. Per HKMA chief:
The new GenA.I. Sandbox is a pioneering initiative that promotes responsible innovation in GenA.I. across the banking industry. It will empower banks to pilot their novel GenA.I. use cases within a risk-managed framework, supported by essential technical assistance and targeted supervisory feedback. Banks are encouraged to make full use of this resource to unlock the power of GenA.I. in enhancing effective risk management, anti-fraud efforts and customer experience.
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