by AIP Online Bureau | Nov 29, 2024 | Eco/Invest/Demography, International News, Policy, Risk Management, Technology
The law will make platforms including TikTok, Facebook, Snapchat, Reddit, X and Instagram liable for fines of up to 50 million Australian dollars ($33 million) for systemic failures to prevent children younger than 16 from holding accounts Canberra: With bipartisan...
by AIP Online Bureau | Nov 25, 2024 | Eco/Invest/Demography, International News, Regulation, Risk Management, Technology
The legislation would impose fines of up to 50 million Australian dollars ($33 million) on platforms for systemic failures to prevent young children from holding accounts. It seems likely to be passed by Parliament by Thursday with the support of the major parties.It...
by AIP Online Bureau | Nov 24, 2024 | Indian News, Risk Management, Technology
D Y Chandrachud, Former Chief Justice of India “Everybody, therefore wants to form an opinion in 20 seconds of what they see on YouTube or any social media platform. This poses a grave danger because the process of decision-making in the courts is far more...
by AIP Online Bureau | Nov 19, 2024 | Banking & Bancassurance, Indian News, Regulation, Risk Management, Technology
In a statement Tuesday, RBI said it has come to their notice that fake videos of the Governor (Shaktikanta Das) are being circulated in social media that claim launch of or support to some investment schemes by the RBI Mumbai:The Reserve Bank of India (RBI) has...
by AIP Online Bureau | Oct 26, 2024 | Indian News, Risk Management, Technology
“Considering the serious nature of the situation, the Ministry of Electronics and Information Technology reminds with emphasis that all the intermediaries including social media intermediaries must make reasonable efforts to disallow such malicious acts...