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AI & Data Protection: Striking the Right Balance Between Regulation and Innovation

AHK Sri Lanka hosted an insightful discussion on AI & Data Protection, bringing together three distinguished guest speakers,

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  • Ms Thanuki Natasha Goonesinge (Attorney-at-Law and Independent Technology Legal Consultant),
  • Ms Shenuka Jayalath (Consultant Counsel at D. L. & F. De Saram), and
  • Mr Dushyantha Perera (Partner and Head of Corporate & Commercial Law at Sudath Perera Associates), 

 

to explore the challenges and opportunities of regulating artificial intelligence. The discussion was moderated by Mr Martin Klose, Chief Delegate of AHK Sri Lanka, who guided the exchange and facilitated an engaging dialogue among the speakers.

 

The discussion examined how AI is reshaping regulatory thinking, international developments in data protection and the growing challenge of keeping legislation aligned with rapidly evolving technologies.

 

Attention was given to Sri Lanka's evolving regulatory framework and the opportunity to learn from international approaches while developing a model suited to its own economic and technological landscape.

 

A central theme was the importance of striking the right balance between protecting personal data and avoiding excessive regulation that could hinder innovation.

 

The speakers also explored the role of Sri Lanka's Data Protection Authority, practical steps businesses can take to strengthen data governance and the challenges of navigating overlapping international regulations.

 

Lastly, the discussion highlighted whether effective data protection and responsible AI governance could become a competitive advantage for Sri Lanka.

 

We extend our sincere appreciation to our three guest speakers for sharing their valuable insights and perspectives, and to all participants for contributing to this engaging discussion.

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