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Oct 31, 2024 | 
blockchain.bakermckenzie.com | Ashlin Perumall
In late 2022, aligning with global trends for increased regulation and oversight, South Africa included crypto assets under its primary financial conduct laws. This was effected by the Financial Sector Conduct Authority (FSCA) declaring crypto assets as ‘financial products’ under the Financial Advisory and Intermediary Services Act, 2002.
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Dec 20, 2023 | 
globalcompliancenews.com | Ashlin Perumall |Fátima Ismail
In briefIn July this year, the European Commission (EC) adopted an adequacy decision for the EU-US Data Privacy Framework. The decision allows the free flow of data from the European Union to the United States if US companies abide by the Framework.
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Nov 29, 2023 | 
lexology.com | Ashlin Perumall |Fátima Ismail
In briefIn July this year, the European Commission (EC) adopted an adequacy decision for the EU-US Data Privacy Framework. The decision allows the free flow of data from the European Union to the United States if US companies abide by the Framework.
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Nov 5, 2023 | 
1africafocus.com | Ashlin Perumall
On 28 August 2023, the Minister of Trade, Industry, and Competition published proposed amendments (the Companies Amendment Bill and Companies Second Amendment Bill) to the Companies Act No. 71 of 2008. We have set out a summary of certain of these amendments, which, in our view, are noteworthy, as well as our views on these amendments.
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Oct 11, 2023 | 
globalcompliancenews.com | Sue McLean |Ashlin Perumall |Alex Toh |Karen Roberts
In briefArtificial Intelligence (AI) is driving new business opportunities across a growing number of industry sectors, including consumer goods and retail. Enticed by its transformative potential, companies are actively exploring, experimenting, and deploying AI solutions in business processes, products, and services and are finding ways to derive business value from it.
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Oct 10, 2023 | 
blockchain.bakermckenzie.com | Ashlin Perumall
The world’s central banks understand that the future of money is digital. As payments shift online, the use of cash declines and the fortunes of crypto assets rise and fall, central bankers realize that their ability to command the use of money in their economies could weaken. This could also contribute to cement the financial exclusion of un- and underbanked citizens.
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Oct 9, 2023 | 
lexology.com | Karen Roberts |Zahra Abba Omar |Sue McLean |Ashlin Perumall |Alex Toh
In briefArtificial Intelligence (AI) is driving new business opportunities across a growing number of industry sectors, including consumer goods and retail. Enticed by its transformative potential, companies are actively exploring, experimenting, and deploying AI solutions in business processes, products, and services and are finding ways to derive business value from it.
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Sep 1, 2023 | 
businesspostexaminer.com | Sue McLean |Ashlin Perumall |Alex Toh
Off the Shelf, the Global Consumer Goods & Retail Industry Video Podcast, provides short practical legal insights into the key issues affecting consumer goods and retail (CG&R) businesses. Subscribe to all our podcast episodes (both video and audio) on iTunes. You may also listen to previous Off the Shelf audio episodes on Spotify and Google Podcasts. Share your feedback and questions via email.
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Jul 11, 2023 | 
globalcompliancenews.com | Ashlin Perumall
The World Economic Forum recently launched a new whitepaper entitled Pathways to Crypto-Asset Regulation: A Global Approach. Ashlin Perumall, partner in Baker McKenzie Johannesburg, fellow of the World Economic Forum and member of the Digital Currency Governance Consortium (DCGC) community, was one of the co-authors of this white paper. The white paper sets out to understand and highlight the needs and challenges in developing a global approach to crypto-asset regulation.
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Jul 6, 2023 | 
bakermckenzie.com | Ashlin Perumall
The World Economic Forum recently launched a new whitepaper entitled Pathways to Crypto-Asset Regulation: A Global Approach. Ashlin Perumall, partner in Baker McKenzie Johannesburg, fellow of the World Economic Forum and member of the Digital Currency Governance Consortium (DCGC) community, was one of the co-authors of this white paper. The white paper sets out to understand and highlight the needs and challenges in developing a global approach to crypto-asset regulation.
