DIGI

• It’s a tricky problem and hard to police because of the sheer amount of misinformation online.
• The COVID-19 pandemic taught us not to be complacent, as fake news about COVID treatments led to deadly consequences.
• It offers more stick (hefty penalties) and less carrot (voluntary participation) than the current approach to managing online content.

Following an EU model

According to the draft, disinformation is spread intentionally, while misinformation is not. But both can cause serious harms including hate speech, financial harm and disruption of public order, according to the Australian Communications and Media Authority (ACMA). To date, research shows countries tend to approach this problem in three distinct ways:
The Albanese government’s draft bill will bring us closer to the European Union-style model of mandatory co-regulation.

Platforms remain responsible, not government

• To be clear, under the proposed Australian bill, platforms continue to be responsible for the content on their services – not governments.
• Content of private messages, authorised electoral communications, parody and satire, and news media all remain outside the scope of the proposed changes.
• This followed government recommendations arising out of a lengthy Australian Competition and Consumer Commission (ACCC) inquiry into digital platforms.
• The obvious being that not all platforms decide to participate, and some cherry-pick the areas of the code they will respond to.

The proposed changes

• Under the proposed changes, ACMA will be given new information gathering powers and capacity to formally request an industry association (such as DIGI) vary or replace codes that aren’t up to scratch.
• Platform participation with registered codes will be compulsory and attract warnings, fines and, if unresolved, hefty court-approved penalties for noncompliance.

Questions remain

But the draft bill raises important questions to address before it’s legislated as planned for later this year. Among them are:
While aiming to mitigate harmful mis- and disinformation is noble, how it will work in practice remains to be seen. An important guard against unintended consequences is to ensure ACMA’s powers are carefully defined along with terms and likely circumstances requiring action, with mechanisms for appeal. Public submissions close August 6.

• The outreach of this program will be 20,000+ people and is expected to grow as the efforts are expanded to further areas.
• Basir Shamsie, President and CEO of JS Bank, personally visited the camps to review the efforts of the JS Flood Relief team.
• Committed to its role as a socially responsible bank, JS Bank continues its flood relief efforts by providing quality healthcare through its mobile clinics as well as distributing food rations among those who need it most.
• About Us: JS Bank is amongst the fastest-growing banks in Pakistan, with both domestic and an international presence.

• Sustainability has also been a growing focus in ASEAN, illustrated by the sustainable mobility and energy targets of ASEAN.
• Tech-powered innovation has continued to be key in advancing public interests such as mobility, sustainable energy and education.
• PLANET Technology Corporation has solved key issues pervading public transport networks with their Industrial LoRaWAN Wireless Gateway solution.
• AIBP serves as an avenue for public and private organisations in Southeast Asia to access and exchange information about growth and innovation within the B2B space.

• KARACHI, Pakistan, Feb. 17, 2022 (GLOBE NEWSWIRE) -- 8 February 2022: JS Bank was recognized by Prime Minister Imran Khan as the Best Private Sector Bank under the Prime Minister's Kamyab Jawan Youth Entrepreneurship Scheme (PMKJ-YES), the flagship program of the Government of Pakistan.
• Under the guidance of the Government of Pakistan and the State Bank of Pakistan, we are continuing our journey towards building a better Pakistan."
• JS Bank is amongst the fastest-growing Banks in Pakistan, with both a domestic and an international presence.
• JS Bank has been recognized on multiple international and national forums, including the prestigious AsiaMoney, Asian Banking, Finance, DIGI, and Pakistan Banking Awards.