Asia TMT Bulletin, October 2024

Navigating regulatory developments and digital transformation continues to be front and centre in Asia

This issue sees further regulatory developments in Asia’s TMT sector spotlight significant strides in AI management, as well as the continued evolution of the data privacy landscape in the region. Highlights include Hong Kong pushing for responsible AI governance in finance, the UAE establishing an AI policy rooted in core ethical principles, and Australia nearing privacy law reforms, introducing a “fair and reasonable” data use test. These developments underscore an evolving landscape where innovation and regulation strive for balance.