The Israeli Supervisor of Banks issues a draft directive on cryptographic financial assets, in which the Supervisor warns that the involvement of banking corporations in activities related to crypto assets may affect the stability and reliability of the financial environment and raises concerns about consumer protection matters.
The draft directive states that a banking corporation must take the utmost caution ...
A federal district court in Chicago, Illinois, has entered a judgment on a jury verdict awarding $228 million in damages to 45,600 drivers in a class action against the freight train company BNSF Railway, for collecting their fingerprints without their prior consent.
The truck drivers alleged that BNSF violated the Illinois Biometric Information Privacy Act (BIPA), by requiring them to ...
The Attorney General of Pennsylvania announced that Google has paid $391.5 million in a settlement agreement with various states in the United States after being sued for allegedly misleading consumers about how it collects and uses location data. This is the largest settlement in the history of state lawsuits in the United States. The settlement was reached in the wake ...
The European Digital Market Act entered into force on November 1, 2022, ahead of its enforcement which begins on May 2, 2023. The law will initially apply to especially large technology companies whose size impacts the EU market, which have a large volume of users, and have an entrenched and durable position in the EU market.
The law imposes limitations ...
Avoiding horizontal legislation governing artificial intelligence, adopting ethical principles for the use of artificial intelligence, promoting proper regulation, and forming tools and knowledge centers on the use and regulation of artificial intelligence – are some of the principles of the draft regulatory policy and ethics in artificial intelligence in Israel, published by the Minister of Innovation, Science and Technology.
The ...
The Supreme Court of Israel issued a provisional order in the petition filed by the Association for Civil Rights in Israel against the expansion of powers granted to the Israeli Security Agency (ISA). The Supreme Court’s order compels the respondents (the Israeli government, the Israeli Security Agency (ISA), the Foreign Affairs and Security Committee of the Knesset (the Israeli Parliament)), ...
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