Legal Insight by HHQ

EU AI Act - Prohibited AI Practices

In episode 12 of The Legal Insight Podcast, we dive deep into the European Union Artificial Intelligence Act (EU AI Act) with insights from Ong Johnson and Lo Khai Yi, heads of HHQ’s Technology Practice Group.

Discover the implications of the Act's prohibited AI practices and how they impact innovation and compliance. From Manipulative and Exploitative AI Systems to Social Scoring and Biometric Categorisation, we break down the Act's regulations, their rationale, and what businesses must do to navigate them.

🎙 Key Highlights:

• The ethics and risks behind Manipulative and Exploitative AI.
• Social Scoring AI Systems: Where dystopia meets regulation.
• Consequences of non-compliance: Fines and global enforcement.
• Practical steps for companies to audit, adapt, and align with the EU AI Act.

Tune in to explore how this groundbreaking legislation reshapes the intersection of AI, ethics, and compliance.

EU Artificial Intelligence Act

In Episode 11 of The Legal Insight Podcast, we’re diving deep into the European Union’s groundbreaking Artificial Intelligence Act, set to reshape AI regulation across industries. Join hosts Ong Johnson and Lo Khai Yi, Technology Practice Group leaders at HHQ, as they unpack what this new legislation means for companies operating in the EU and beyond - from a Malaysian perspective.

We’ll explore the Act’s risk-based approach, the classification of high-risk AI systems, and the impact of prohibited AI practices, offering a comprehensive guide to understanding compliance obligations. From practical steps for risk management to data governance, this episode is packed with insights for legal teams, compliance officers, and AI developers alike who are navigating this new regulatory landscape.

Tune in to learn how the EU AI Act will influence innovation, ethics, and business operations in the age of artificial intelligence.

• Johnson, Head of Technology Practice Group, HHQ
• Khai Yi, Co-Head of Technology Practice Group, HHQ

DeFi, NFTs, and Central Bank Digital Currencies | Derrick Leong

In Episode 10, we continue with Part 2 of diving into DeFi, NFTs, and central bank digital currencies (CBDC) with a special guest, Derrick Leong:

• Johnson, Head of Technology Practice Group, HHQ
• Khai Yi, Co-Head of Technology Practice Group, HHQ
• Special Guest: Derrick Leong, Head of Legal & Compliance at IX Swap—the pioneering DeFi platform enabling the trading of real-world assets (RWA) through licensed custodians and broker-dealers. IX Swap’s mission is to democratize access to private market investments and tackle illiquidity using blockchain technology like Automated Market Making (AMM), liquidity pools, and DeFi.

Digital Assets & Tokenization | Derrick Leong

In Episode 9, we begin a two-part series diving into digital assets, real-world asset tokenization, and evolving regulations with a special guest, Derrick Leong:

• Johnson, Head of Technology Practice Group, HHQ
• Khai Yi, Co-Head of Technology Practice Group, HHQ
• Special Guest: Derrick Leong, Head of Legal & Compliance at IX Swap—the pioneering DeFi platform enabling the trading of real-world assets (RWA) through licensed custodians and broker-dealers. IX Swap’s mission is to democratize access to private market investments and tackle illiquidity using blockchain technology like Automated Market Making (AMM), liquidity pools, and DeFi.

In Part 1, we explore fractional ownership, tokenization trends, and the regulatory landscape. Stay tuned for Episode 10 (Part 2), where we dive deeper into DeFi and its future.

Malaysia's Cyber Security Act 2024 - Part 2

In this episode, Ong Johnson, Lo Khai Yi, and Zach Shaw continue the second part of our series on Malaysia's newly gazetted Cyber Security Act 2024.

We delve into the obligations for National Critical Information Infrastructure (NCII) entities and the repercussions of non-compliance, offering actionable guidance on how these developments may affect your business. Discover the steps you can take to ensure compliance and stay ahead in Malaysia's rapidly evolving cybersecurity landscape.

Related reading: https://hhq.com.my/posts/cyber-security-bill-2024-decoded-5-key-insights-for-strategic-compliance/ 

Malaysia's Cyber Security Act 2024 - Part 1

In this episode, Ong Johnson, Lo Khai Yi, and Zach Shaw begin a two-part series on the Cyber Security Act 2024 in Malaysia.

We explore the Act's introduction of national critical information infrastructure (NCII) and the new licensing requirements for cybersecurity service providers. Learn how these changes could impact your business and what steps you should take to ensure compliance. Tune in for valuable insights into Malaysia's evolving cybersecurity landscape.

Related reading: https://hhq.com.my/posts/cyber-security-bill-2024-decoded-5-key-insights-for-strategic-compliance/ 

Real-World Assets in Blockchain: Why Companies Should Pay Attention

In this episode, Ong Johnson, Lo Khai Yi, and Zach Shaw dive into the transformative world of blockchain technology, focusing on the emerging trend of Real-World Assets (RWAs) tokenization. As blockchain adoption accelerates globally—especially with the recent U.S. approval of Spot Bitcoin ETFs—many companies remain hesitant to embrace this technology. We explore the reasons behind this hesitation and demystify the concept of RWAs tokenization, highlighting its profound implications for businesses across sectors.

Tune in to learn how to navigate the regulatory landscape and harness the power of tokenized assets.

Related reading: https://hhq.com.my/posts/real-world-assets-in-blockchain-why-companies-should-pay-attention/ 

Air Canada Case Exposes AI Chatbot Hallucination Risks: A Mitigation Guide for General Counsel

Today's discussion surrounds the Air Canada case surrounding AI chatbot hallucinations. The conversation seeks to explore the issues surrounding the legal risks of deploying AI Chatbots, and the best practices for managing those potential implications.

 

Related reading: https://hhq.com.my/posts/air-canada-case-exposes-ai-chatbot-hallucination-risks-a-mitigation-guide-for-general-counsel/