Transplanting the concept of digital information fiduciary

• Main Author: YIP, Man
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2021
• Subjects: Asian Studies; Consumer Protection Law; Legislation; Privacy Law
• Online Access: https://ink.library.smu.edu.sg/sol_research/3910; https://search.library.smu.edu.sg/discovery/fulldisplay?docid=cdi_openaire_primary_doi_0cc3e13570c64cd97f43ea99bc652e1b&context=PC&vid=65SMU_INST:SMU_NUI&lang=en&search_scope=Everything&adaptor=Primo%20Central&tab=Everything&query=any,contains,AI,%20data%20governance%20and%20private%20law:%20Translating%20theory%20into%20practice%20Author&offset=0
• Institution: Singapore Management University

The importance of data in our increasingly digitalised world is old news. Equally stale is the realisation that too much protection may result in too little innovation and too much innovation may erode protection. Both objectives are good for societies and the people living in them. However, the staleness of the realisation does not make it any easier to find the correct balance. The question remains: how can we effectively regulate the use, collection and processing of personal data, especially in the light of rapid technological advancements?This question is even more complex when posed in the context of Southeast Asia, where appetite and ambition for growth and developments are surging. Yet, Southeast Asia currently ‘lacks the legal and technical infrastructure of developed states, such as the U.S. and EU members’ to handle privacy challenges. Against this background, two trends are hard to miss. In Southeast Asia, consumers’ habits are changing: more and more people are interacting on social media, shopping online, booking transport and buying food through mobile apps, and watching movies online.