New Handphone Law Malaysia 2019

In March 2019, UMNO supporters and leaders allegedly harassed and assaulted two Malaysiakini trainees who were covering an event with former Prime Minister Najib in Kuala Lumpur. [2] A UMNO member was charged with using criminal violence in the incident. The suspect`s trial was ongoing at the end of the reporting period and faces up to three months in prison and/or a fine of up to 1,000 ringgit (US$2,500) if convicted.3 Finally, the Danish government presented a plan to avoid foreign interference in the May 2019 parliamentary elections. Action points include strengthening police and defence intelligence, as well as closer dialogue with the media and political parties. As mentioned earlier, the Ministry of Finance and the Supreme Court published the CMS Regulation in January 2019, which came into force on January 15, 2019. Digital currencies and digital tokens are defined as securities in CMS order and regulated by the SC for the purposes of securities laws. In July 2019, The Times of Oman reported that Oman`s government and security agencies had stepped up their efforts to monitor fake news online. Growth of Malaysian SMEs: DFTZ seen as a way to boost Malaysian SME exports via e-commerce With the new government in power, the Prime Minister announced that the government has reviewed the DFTZ initiative and decided that it will remain. For the 2019 Malaysian budget, the Minister of Finance highlighted the government`s continued efforts to improve Malaysia`s e-commerce industry by allocating $20 million to the first phase of the DFTZ at Kuala Lumpur International Airport (KLIA). Users have also been targeted on social media. LGBT+ users, for example, have been increasingly exposed to harassment and hateful content online since the May 2018 elections, according to local activists. [4] For example, activist Numan Afifi faced significant online harassment after speaking at the UN Human Rights Council about LGBT+ rights in Malaysia in April 2019.5 Based on the FintechNews website, it was reported that there had been an announcement on financial markets and services (securities prescription) (Digital Currency and Digital Token) Order 2019 (“CMS Order”), which states that “anyone caught operating a cryptocurrency exchange or elevating ICO [Initial Coin Offerings (“ICOs”)] without proper approval can face up to 10 years in prison and a fine of RM10 million. While the prescription order was making headlines in the news, a draft of the framework had not yet been prepared for the industry, causing quite a bit of confusion and speculation.

The Malaysian Securities Commission (`SC`) team moved quickly to issue an exposure draft later that month to provide much-needed clarity to the market. 12 FintechNews also reported that: “At the beginning of 2019, there were more than 50 crypto exchanges in Malaysia, to put more order in the market, the Securities Commission [of] Malaysia issued a framework for crypto exchanges in Malaysia.” 13 In February 2019, the Netherlands Government launched an awareness-raising campaign to inform citizens about the spread of disinformation online. The campaign, which took place a few months before the European parliamentary elections, was conducted mainly on social media. During an election in March 2019, Thai authorities continued to crack down on people who allegedly spread false information on Facebook. AFP reported that nine people had been arrested for sharing messages claiming that two election commissioners had been removed from office and that 600,000 illegitimate ballots had been counted. In June 2019, Burkina Faso`s parliament passed a law to punish the publication of “fake news” that compromises security measures, false information about crimes or destruction of property, or images and audio recordings of a “terrorist” attack. 1. In April 2019, lawmakers read for the first time a bill that would give them new powers to combat the spread of misinformation on platforms like Facebook, which could be fined if they fail to comply with certain censorship rules. This law was adopted within the month. See: Digital Free Trade Area (DFTZ)Current Market TrendsDue to Malaysia`s internet and mobile connectivity as well as public sector promotion, Malaysia has a high use of e-commerce.

Malaysia has 16.53 million online shoppers (50% of the population) and 62% of mobile users use their devices to shop online. Online shoppers are motivated by price advantages, product assortment, and availability of reviews. Malaysian shoppers are looking for free shipping, convenience, and exclusive offers offered by online stores. Percentage of internet users who say they have completed all activities in the past month (January 2019)* In February 2019, an investigation by ABC found that the Australian Electoral Commission had told Twitter and Facebook that they had to comply with notifications of illegal ads on their platform. (In Australia, political ads are necessary to make the author and financier transparent.) The AEC has threatened the social media giants with court orders if they do not comply. Authorities have asked tech companies to remove the content. MCMC and private users asked Facebook to remove the content during the collection period. Between July and December 2018, Facebook restricted 26 articles: 16 for hate speech and 4 for harassment.2 Five articles were restricted due to private defamation complaints. During the same period, Twitter received eight removal requests, but did not comply with any requests. 3 Similarly, Google received seven removal requests related to identity theft, fraud, hate speech, profanity, and privacy and security.4 In addition, in March 2019, MCMC asked social media platforms to remove videos of the Christchurch mosque attack in New Zealand. and platforms would have complied with this request.5 6 “An issuer, usually an early-stage company, tries to raise funds by offering digital currencies or tokens.

Get it. 40 “The Capital Markets and Services (Securities Prescription) (Digital Currency and Digital Token) Ordinance 2019 (2019 Ordinance), which recognises digital currencies and digital tokens as securities, entered into force on 15 January 2019.

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