Technology's Legal Edge

A Global Technology Sector Blog

Latest from Technology's Legal Edge

Background With the implementation of the Consumer Data Right (CDR) in the banking sector (known as ‘Open Banking’) well under way, the release of draft amendments to the CDR rules for the energy sector, and the continuing development of the framework for implementing the CDR in the telecommunications sector, the Australian Government intends to continue its incremental roll-out the CDR, sector-by-sector, with a view to implementing the CDR on an economy-wide basis. On 22…
In June this year, DLA Piper published an update detailing the ongoing progress of Project Gigabit (the UK Government’s plan to support nationwide coverage of gigabit-capable broadband throughout the UK). Further details on the overall Project Gigabit can be found in our previous article issued in March. In our June update, we detailed the proposed funding and subsidy regime set out by the Department for Digital, Culture, Media & Sport (“DCMS”) for investors wishing to…
A jet aircraft for the mind Of the many stories about Steve Jobs at Apple, one that resonates with the authors is his early ‘80s description of computers as a ‘bicycle for the mind’. Jobs had seen a chart showing that many animals were much faster and more efficient moving over land than humans, but that a human on a bicycle beat them all for fast, efficient locomotion. Using this analogy, he would point to…
Introduction The UK Government-backed Jurisdiction Taskforce of LawtechUK (UKJT), chaired by Sir Geoffrey Vos, Master of the Rolls, recently published its Digital Dispute Resolution Rules (the Rules), following consultation with legal and industry stakeholders. The Rules, which can be incorporated into on-chain digital relationships and smart contracts, are designed to enable rapid, innovative and cost-effective resolution of legal disputes concerning novel digital technology, such as cryptoassets, cryptocurrency, smart contracts, distributed ledger technology, and fintech applications.…
Since its inception 30 years ago, the Computer Misuse Act 1990 (CMA) has acted as the primary legislative sword and shield of the UK against a threatening, and ever-growing, cloud of cyber-enabled crime. It is no longer the case that those exploiting an organisation’s threat-vectors exist in dark basements wearing hooded jumpers as commonly depicted in media, such as in the popular series Mr. Robot. Cyber-dependent crime has, according to a recent Government report
In July 2019, the FCA announced that it was partnering with the Alan Turing Institute to explore transparency and “explainability” of AI in the financial services sector. On June 11th 2021, the Alan Turing Institute published their report on “AI in Financial Services“. This FCA commissioned report highlights the opportunities, challenges and issues involved with AI,  and the role of transparency in pursuing AI innovation in the financial services sector. The report is…
Integration and Integrity It would take a particular type of pessimist to embark on a new project expecting it to fail completely – but a truly foolish level of optimism not to even consider the possibility of problems, and make sensible provision for how to handle them. The complexity of enterprise-scale IT infrastructure means that any project involving it needs to carefully consider the myriad slings and arrows of outrageous fortune that could affect them.…
The US Senate on Tuesday, June 8, approved the United States Innovation and Competition Act of 2021, comprehensive technology policy and funding legislation aimed at combating the growing influence of China in critical technologies like artificial intelligence (AI) and quantum science while ensuring American leadership in setting international technological standards. The Act rebrands and incorporates legislation known as the Endless Frontier Act, a bipartisan bill originally introduced last year, and combines it with funding to…
In March this year, DLA Piper published an article on Project Gigabit – the UK Government’s recently released plan to support nationwide coverage of gigabit-capable broadband throughout the UK. In our article we noted that the approach to the subsidy would be a procurement-led model, whereby prospective fibre operators bid on and win contracts for the supply of fibreoptic broadband services within a specific area or market. On 1 June, the Department for Digital, Culture,…
If I could tell you how you could make your AI system do nearly ten times as much work on the same hardware, would that be worth something to you, eh…? Transformers – more than meets the eye So how can we make our AI ten times more efficient? Well, compression of data can help us store more in a fixed space, so let’s start there. Can compression help? Popular compression technologies for digital media…