Privacy Awareness Week (PAW) 2024 is an annual campaign led by the Australian privacy regulator, the Office of the Australian…
Insights Sectors: Financial Services
INSIGHT: Cyber Security Awareness Month – Are you cyber aware?
October is Cyber Security Awareness Month (CSAM). CSAM is an annual reminder for Australians to stay safe online and protect…
INSIGHT: Modern slavery: New guide released for the financial services sector
Combatting modern slavery is a mainstream corporate responsibility, with certain financial services entities like banks, insurers, and superannuation funds being…
INSIGHT: AFCA Decisions: Online insurance purchases, non-disclosures at inception of policy
Key takeaways Insurer bears the onus of proof in establishing it can deny a claim due to non-disclosure. At inception,…
INSIGHT: ASIC’s regulatory approach to enforcement post-Hayne
What to do if you receive an ASIC Notice Following on from our from our preliminary analysis of the Royal…
INSIGHT: Six axioms emerging from the Hayne report
A preliminary analysis of the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry. As foreshadowed in…
INSIGHT: A Game Changer for Mutuals – New Law Expands Capacity to Raise Capital
Mutual Entities Bill 2018: Tranche 2 On 26 November 2018, the Commonwealth Government released for public consultation an exposure draft…
INSIGHT: Financial Services Royal Commission – The Interim Report – Emerging Regulatory Themes
The Interim Report of the Financial Services Royal Commission was tabled in Parliament on 28 September 2018. There has been…
INSIGHT: How Australian Financial Complaints Authority (AFCA) may impact your business
From 1 November 2018 (changed from the initial start date of 1 July 2018), AFCA will start accepting consumer complaints…
INSIGHT: Unfair Contract Protections Capture Standard Contract Loans to Small Businesses
Lending to a small business under a standard form loan contract will be susceptible to new unfair contract terms protections…
INSIGHT: Are Financial Service Providers prepared for the mandatory data breach notification regime?
From 22 February 2018, mandatory data breach notification will apply to any individual or organisation regulated by the Privacy Act…