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Showing 1 - 10 of 11 results for "Privacy Act"

AFA slams new SOA measures

KARREN VERGARA  |  WEDNESDAY, 7 JUL 2021
... adviser and contains personal information that should not be shared with trustees. He fears the review may breach the Privacy Act and adds another layer of administration. For the regulators to make trustees review client SOAs is "confusing, and a matter ...

Regulatory, legal exam questions trip up advisers

ELIZABETH MCARTHUR  |  MONDAY, 3 AUG 2020
... candidates. The exam's testing of advice documentation requirements, the difference between personal and general advice, the Privacy Act and Anti-money Laundering Act were among the areas where advisers were most likely to underperform. Understanding ...

FASEA exam results spark debate

ELIZABETH MCARTHUR  |  FRIDAY, 9 AUG 2019
... assume (having not done it) that it will be a lot more in depth than the exam - which covered ethics, corporations law, privacy act and anti-money laundering requirements - could be," she said.

ATO demands crypto data

ELIZABETH MCARTHUR  |  TUESDAY, 30 APR 2019
... with tax and superannuation obligations. The collection of data under the new program will have to comply with the Privacy Act. DigitalX chief executive Leigh Travers commented on the ATO's announcement, saying: "One of the key drivers for adoption ...

FASEA clarifies adviser exam rules

DARREN SNYDER  |  MONDAY, 19 NOV 2018
... FASEA will also revise the Corporations Act unit to include other legal obligations such as Anti-Money Laundering, Privacy Act 1988 and Tax Practitioners Board requirements. CPD FASEA has reduced the number of CPD hours advisers are required to complete ...

IMF Bentham eyes potential Facebook, Cambridge Analytica goldmine

JAMIE WILLIAMSON  |  WEDNESDAY, 11 JUL 2018
... Ireland and Facebook Inc. The complaint relates to alleged breaches of the Australian Privacy Principles - as per the Privacy Act 1988 - in that Facebook users' personal information was improperly shared with a third party. In late March, Facebook became ...

Cbus Royal Commission findings impact industry

DARREN SNYDER  |  WEDNESDAY, 6 JAN 2016
... information on Lis-Con's employees from Superpartners in order to pass that information on to the CFMEU in breach of the Privacy Act and the company's contracts with members. In doing so they used their position to gain an advantage for Brian Parker ...

Cyber risks for local wealth sector

ALEX DUNNIN  |  WEDNESDAY, 15 OCT 2014
... Chubb and CyberPlus. A statement on CyberPlus' website said cyber risks now don't just include explicit data theft but Privacy Act breaches. As more Australian wealth managers move transaction and member activity online protecting against these risks ...

CBA could face legal action over Operation Lantern

LAURA MILLAN  |  WEDNESDAY, 30 OCT 2013
... surveillance without a warrant is a legal offence and he also referred to the National Privacy Principles set out in the Privacy Act, 1988, which restricts the collection and treatment of personal information. "Given that Senator Williams' campaign function ...

Privacy Commissioner opens investigation into First State Super

ELISE BURGESS  |  THURSDAY, 20 OCT 2011
... allegations that member records were able to be accessed by a third party. I will be looking at their compliance with the Privacy Act and in particular their data security practices," said Pilgrim. After speaking with Financial Standard yesterday, First ...
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