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1 – 10 of over 92000Jawahitha Sarabdeen and Mohamed Mazahir Mohamed Ishak
General Data Protection Regulation (GDPR) of the European Union (EU) was passed to protect data privacy. Though the GDPR intended to address issues related to data privacy in the…
Abstract
Purpose
General Data Protection Regulation (GDPR) of the European Union (EU) was passed to protect data privacy. Though the GDPR intended to address issues related to data privacy in the EU, it created an extra-territorial effect through Articles 3, 45 and 46. Extra-territorial effect refers to the application or the effect of local laws and regulations in another country. Lawmakers around the globe passed or intensified their efforts to pass laws to have personal data privacy covered so that they meet the adequacy requirement under Articles 45–46 of GDPR while providing comprehensive legislation locally. This study aims to analyze the Malaysian and Saudi Arabian legislation on health data privacy and their adequacy in meeting GDPR data privacy protection requirements.
Design/methodology/approach
The research used a systematic literature review, legal content analysis and comparative analysis to critically analyze the health data protection in Malaysia and Saudi Arabia in comparison with GDPR and to see the adequacy of health data protection that could meet the requirement of EU data transfer requirement.
Findings
The finding suggested that the private sector is better regulated in Malaysia than the public sector. Saudi Arabia has some general laws to cover health data privacy in both public and private sector organizations until the newly passed data protection law is implemented in 2024. The finding also suggested that the Personal Data Protection Act 2010 of Malaysia and the Personal Data Protection Law 2022 of Saudi Arabia could be considered “adequate” under GDPR.
Originality/value
The research would be able to identify the key principles that could identify the adequacy of the laws about health data in Malaysia and Saudi Arabia as there is a dearth of literature in this area. This will help to propose suggestions to improve the laws concerning health data protection so that various stakeholders can benefit from it.
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This study aims to determine experimentally factors affecting the satisfaction of retail stock investors with various investor protection regulatory measures implemented by the…
Abstract
Purpose
This study aims to determine experimentally factors affecting the satisfaction of retail stock investors with various investor protection regulatory measures implemented by the Government of India and Securities and Exchange Board of India (SEBI). Also, an effort has been made to gauge the level of satisfaction of retail equities investors with the laws and guidelines developed by the Indian Government and SEBI for their invested funds.
Design/methodology/approach
To accomplish the study’s goals, a well-structured questionnaire was created with the help of a literature review, and copies of it were filled by Punjabi retail equities investors with the aid of stockbrokers, i.e. intermediaries. Amritsar, Jalandhar, Ludhiana and Mohali-area intermediaries were chosen using a random selection procedure. Xerox copies of the questionnaire were given to the intermediaries, who were then asked to collect responses from their clients. Some intermediaries requested the researcher to sit in their offices to collect responses from their clients. Only 373 questionnaires out of 1,000 questionnaires that were provided had been received back. Only 328 copies were correctly filled by the equity investors. To conduct the analysis, 328 copies, which were fully completed, were used as data. The appropriate approaches, such as descriptives, factor analysis and ordinal regression analysis, were used to study the data.
Findings
With the aid of factor analysis, four factors have been identified that influence investors’ satisfaction with various investor protection regulatory measures implemented by government and SEBI regulations, including regulations addressing primary and secondary market dealings, rules for investor awareness and protection, rules to prevent company malpractices and laws for corporate governance and investor protection. The impact of these four components on investor satisfaction has been investigated using ordinal regression analysis. The pseudo-R-square statistics for the ordinal regression model demonstrated the model’s capacity for the explanation. The findings suggested that a significant amount of the overall satisfaction score about the various investor protection measures implemented by the government/SEBI has been explained by the regression model.
Research limitations/implications
A study could be conducted to analyse the perspective of various stakeholders towards the disclosures made and norms followed by corporate houses. The current study may be expanded to cover the entire nation because it is only at the state level currently. It might be conceivable to examine how investments made in the retail capital market affect investors in rural areas. The influence of reforms on the functioning of stock markets could potentially be examined through another study. It could be possible to undertake a study on female investors’ knowledge about retail investment trends. The effect of digital stock trading could be examined in India. The effect of technological innovations on capital markets can be studied.
Practical implications
This research would be extremely useful to regulators in developing policies to protect retail equities investors. Investors are required to be safeguarded and protected to deal freely in the securities market, so they should be given more freedom in terms of investor protection measures. Stock exchanges should have the potential to bring about technological advancements in trading to protect investors from any kind of financial loss. Since the government has the power to create rules and regulations to strengthen investor protection. So, this research will be extremely useful to the government.
Social implications
This work has societal ramifications. Because when adequate rules and regulations are in place to safeguard investors, they will be able to invest freely. Companies will use capital wisely and profitably. Companies should undertake tasks towards corporate social responsibility out of profits because corporate houses are part and parcel of society only.
Originality/value
Many investors may lack the necessary expertise to make sound financial judgments. They might not be aware of the entire risk-reward profile of various investment options. However, they must know various investor protection measures taken by the Government of India & Securities and Exchange Board of India (SEBI) to safeguard their interests. Investors must be well-informed on the precautions to take while dealing with market intermediaries, as well as in the stock market.
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George Okello Candiya Bongomin, Pierre Yourougou, Rebecca Balinda and Joseph Baleke Yiga Lubega
Currently, consumers of financial products and services have become more vulnerable to predatory financial institutions, especially in the aftermath of Covid-19 pandemic…
Abstract
Purpose
Currently, consumers of financial products and services have become more vulnerable to predatory financial institutions, especially in the aftermath of Covid-19 pandemic. Therefore, financial consumers like the persons with disabilities (PWDs) should be equipped with knowledge and skills to help them to evaluate complex financial products on offer in financial markets, especially in developing countries to avoid being victims of fraudulent lending. The purpose of this study is to establish whether customized financial literacy mediates the relationship between financial consumer protection and financial inclusion of PWDs’ owned MSMEs in rural Uganda post Covid-19 pandemic.
Design/methodology/approach
SmartPLS 4.0 was used to construct the measurement and structural equation models to test whether customized financial literacy significantly mediates the relationship between financial consumer protection and financial inclusion of PWDs’ owned MSMEs in rural Uganda post Covid-19 pandemic.
Findings
The results revealed a partial mediating effect of customized financial literacy in the relationship between financial consumer protection and financial inclusion of PWDs’ owned MSMEs in rural Uganda post Covid-19 pandemic. Conducting customized financial literacy increases financial consumer protection by 12 percentage points to promote financial inclusion of PWDs’ owned MSMEs in rural Uganda post Covid-19 pandemic.
Research limitations/implications
This study focused only on customized financial literacy and financial consumer protection to promote universal financial inclusion of PWDs’ owned MSMEs post Covid-19 pandemic. Future studies may use data collected from other vulnerable groups amongst the unbanked population in developing countries, Uganda inclusive. In addition, this study also collected only quantitative data from the selected population. Further studies can be conducted using key informant interviews and focused group discussion to get the perceptions of the PWDs on being protected from exploitation by unscrupulous financial institutions.
Practical implications
The findings from this study can help policymakers in developing countries like Uganda to revise the existing consumer protection law to include strong clauses on protection of people with special needs like the PWDs. The law must ensure that they are not exploited by financial institutions because of their conditions. The law ought to make sure that the PWDs are educated about their rights in the financial market place and all information on financial products offered by financial institutions should be simplified and interpreted to them before they make consumption decisions.
Originality/value
To the best of the authors’ knowledge, the present study is amongst the first few studies to provide a meticulous and unique discourse on the ever increasing role of financial literacy combined with consumer protection to reduce consumption risks within the financial markets, especially in developing countries in the aftermath of global pandemic shocks. This study uses the social learning theory, theory of reasoned action and theory of planned behaviour to elucidate how customized financial literacy can enhance consumer protection to increase financial inclusion of groups with special needs like the PWDs who have become more susceptible to exploitation by unscrupulous financial institutions in under-developed financial markets, especially in post Covid-19 pandemic.
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Hirokazu Ozaki, Atsushi Kara and Zixue Cheng
The purpose of this paper is to derive the user‐perceived availability of M‐for‐N shared protection systems composed of multiple user groups, each with a protection‐switching…
Abstract
Purpose
The purpose of this paper is to derive the user‐perceived availability of M‐for‐N shared protection systems composed of multiple user groups, each with a protection‐switching priority.
Design/methodology/approach
The paper assumes a shared protection system with M protection units and N working units. The memoryless state transition diagram viewed from the system administrator, combined with combinatorial analysis of state probabilities on protection switching, yields a generic formula of the availability viewed from an arbitrary end user.
Findings
The numerical examples of availability reveal the effect of prioritized protection switching. It is observed that the total protection capacity is constant regardless of the ways of priority grouping. The shared protection system with multiple protection units enables more flexible availability allocation compared with the case of a single protection unit.
Research limitations/implications
User‐perceived reliability is still an unexplored research area. Many variations of the system treated in this paper can be applied to various applications.
Practical implications
The analysis provides useful information for the design and operation of, for example, telecommunication network devices. The analysis is applicable to general shared protection systems that are subject to service level agreement (SLA) involving user‐perceived reliability measures.
Originality/value
This paper establishes the model of the priority shared protection systems for the first time and shows a practical computation method of prioritized user‐perceived availability.
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Cathodic protection is an electrical technique for preventing the rusting of iron and steel, a phenomenon which is usually considered a chemical reaction. Because of this the…
Abstract
Cathodic protection is an electrical technique for preventing the rusting of iron and steel, a phenomenon which is usually considered a chemical reaction. Because of this the subject advances hand in hand with developments in electrical engineering and in the electrochemical industry and is modified in conjunction with advances in the chemical techniques for preventing corrosion. Magnesium, aluminium and zinc can be used as sacrificial anodes to provide cathodic protection and the greatest advance in this field has been the discovery of a new series of aluminium alloys which in sea‐water become cheap and effective sacrificial anodes. Impressed current techniques require a permanent anode and the plating of a very thin film of platinum on to a titanium substrate has been found to make an ideal anode. Much of the exploitation of this anode has taken place with new electrical techniques such as automatic control, the individual adjustment of anode current and a considerable improvement in the instrumentation. The extended experience of cathodic protection has given the contracting industry a very much greater knowledge of the design problems, of the spread of protection, of the degree of control and of the economic balance between the various techniques. A wider use of cathodic protection to supplement organic coatings and the development of coatings which work more readily with cathodic protection are two of the exceptional economic advances. Cathodic protection, unlike most anti‐corrosive treatments, is a continuous process, and as such it has to be maintained: the realisation of this has perhaps done more to produce the good results of which cathodic protection is capable, than any other single scientific discovery.
This paper considers the effectiveness of the Data Protection Act since its launch in 1984. The National Audit Office prepared a report in 1993, which was critical of the Data…
Abstract
This paper considers the effectiveness of the Data Protection Act since its launch in 1984. The National Audit Office prepared a report in 1993, which was critical of the Data Protection Registrar, its implementation of the registration and the eight data protection principles of good practice. These criticisms are discussed here with a view to improving the Registrar's approach to data protection law, and its attitude to those who are required to register under the Data Protection Act.
Gan Cui, Zili Li, Chao Yang and Xiaoyong Ding
Under normal conditions, there are different protection objects inside and outside the gas station, so two sets of independent cathodic protection systems are adopted. At the same…
Abstract
Purpose
Under normal conditions, there are different protection objects inside and outside the gas station, so two sets of independent cathodic protection systems are adopted. At the same time, an insulating flange is applied at the position where trunk pipelines access to the gas station, which realizes electrical isolation of the structures inside and outside the station. However, as a result of short distance between the two cathodic protection systems, there will be stray current interference between them. The purpose of this paper was to study on the interference between cathodic protection systems of gas station and long distance trunk pipeline.
Design/methodology/approach
Based on the above, in this paper, first, the mathematical model of interference between cathodic protection systems was established and the control equations solved using the boundary element method. Second, the influence of cathodic protection system of gas station on long distance trunk pipeline and the influence of cathodic protection system of long distance trunk pipeline on gas station were studied separately using BEASY software. Finally, a new thought of cathodic protection design for local station was put forward.
Findings
It was concluded that there were serious interference problems between the cathodic protection systems of gas station and long distance trunk pipeline. By moving the potential control point to area outside the influence scope of anode ground bed could avoid the influence of cathodic protection system of gas station on long distance trunk pipeline. By moving the auxiliary anodes away from gas station could avoid the influence of cathodic protection system of long distance trunk pipeline on pipelines in gas station. The new thought of cathodic protection design could avoid the interference between the cathodic protection systems effectively.
Originality/value
It is considered that the results can guide cathodic design for gas station and long distance trunk pipeline. The results can also avoid the interference corrosion between the structures in gas station and trunk pipeline.
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M. Naughton, I. Callanan, A. Guerandel and K. Malone
Medical confidentiality derives from the Hippocratic Oath and has been affirmed in most codes of professional conduct, including the Irish Medical Council's guide to professional…
Abstract
Purpose
Medical confidentiality derives from the Hippocratic Oath and has been affirmed in most codes of professional conduct, including the Irish Medical Council's guide to professional conduct and ethics. The Irish Data Protection Act 1988 and Amendment 2003 bring this responsibility into a legal forum. The aim of this audit is to assess how comprehensively medical tutors/consultants instilled knowledge and appreciation of confidentiality and data protection to medical students in a prominent Dublin University Hospital.
Design/methodology/approach
Breaches in data protection legislation by final year medical students were identified by means of a questionnaire. Changes were made to the curriculum (presentations, notices on students' e‐learning interface and induction manual) and to the exams in psychiatry, to increase awareness of data protection legislation. Students at the same point in their education were re‐assessed one year later to see if the interventions were helpful in increasing knowledge and improving adherence to data protection legislation.
Findings
Significant breaches of the data protection legislation at baseline and follow up were identified. Examples include: “Data shall be kept for one or more specified, explicit and legitimate purposes” – when asked if they would inform patients that assessments were for submission of a case report, 44 per cent at baseline and 56 per cent at follow‐up said yes. “Appropriate security measures shall be taken against unauthorised access” – 52 per cent password‐protected their computer at baseline and 59 per cent did at follow‐up. Of those that had no password protection at baseline, 70 per cent of their computers were used by others, with little change in this at follow‐up (68 per cent). At baseline 52 per cent kept a copy of reports on USB devices compared to 46 per cent at follow‐up. 26 per cent admitted to losing a USB device in the past. “Data should not be kept longer than is necessary for that purpose” – 63 per cent admitting keeping electronic copies of case reports on their computers following submission at baseline and 64 per cent at follow‐up. “Data should be made anonymous” – 96 per cent at baseline and 100 per cent at follow‐up used initials when submitting case reports to make the data anonymous.
Practical implications
What was disappointing was that, while knowledge and awareness of obligations under data protection legislation improved following intervention, breaches in compliance still remained.
Originality/value
This is the first such audit in Ireland on the provision of educational training in the area of data protection legislation to medical students. It is likely that that such breaches by medical students reflect the tip of the iceberg in relation to probable breaches amongst registered healthcare professionals. The challenge now facing the medical profession and healthcare services is to effect behavioural change to improve compliance with data protection legislation.
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The study focusses on the legal issues surrounding artificial intelligence (AI), which are being investigated and debated about several European Union initiatives to manage and…
Abstract
The study focusses on the legal issues surrounding artificial intelligence (AI), which are being investigated and debated about several European Union initiatives to manage and regulate Information and Communication Technologies. The goal is to discuss the benefits and drawbacks of adopting AI technology and the ramifications for the articulations of law and politics in democratic constitutional countries. Thus, the study aims to identify socio-legal concerns and possible solutions to protect individuals’ interests. The exploratory study is based on statutes, rules, and committee reports. The study has used news pieces, reports issued by organisations and legal websites. The study revealed computer security vulnerabilities, unfairness, bias and discrimination, and legal personhood and intellectual property issues. Issues with privacy and data protection, liability for harm, and lack of accountability will all be discussed. The vulnerability framework is utilised in this chapter to strengthen comprehension of key areas of concern and to motivate risk and impact mitigation solutions to safeguard human welfare. Given the importance of AI’s effects on weak individuals and groups as well as their legal rights, this chapter contributes to the discourse, which is essential. The chapter advances the conversation while appreciating the legal work done in AI and the fact that this sector needs constant review and flexibility. As AI technology advances, new legal challenges, vulnerabilities, and implications for data privacy will inevitably arise, necessitating increased monitoring and research.
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Simon Joyce, Mark Stuart, Chris Forde and Danat Valizade
The chapter presents emerging evidence on the development of the platform economy, paying particular attention to the motivations for entering platform work, the conditions of…
Abstract
The chapter presents emerging evidence on the development of the platform economy, paying particular attention to the motivations for entering platform work, the conditions of platform work, and the extent of social protections afforded platform workers. Debate thus far has tended to be highly speculative and lacking in grounded empirical analysis, with policy-makers in particular actively looking to regulate platform work on the basis of its novelty as a form of employment within the wider context of the decline of the “standard employment relationship.” The chapter explores such concerns through an analysis of European Union labor market data and a unique data-set of circa 1,200 online “click workers” across four established platforms. A novel contribution of the analysis is to differentiate between those that only work on platforms (work-dependent platform workers) and those that do such work in addition to another job. The analysis suggests that work-dependent platform workers are more likely to be differentiated by their motivations for doing such work than their experiences of job quality or access to social protections. However, the relationship between platform working and levels of social protection is complex, notably in terms of combined level of social protection and the contractual arrangement of additional job holders. This leaves us to conclude that policy initiatives designed to address gaps in social protections for platform workers would be more appropriately targeted toward problems of insecure work more broadly. Finally, a number of areas for future research are outlined.
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