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Showing 1 - 10 of 71 results for %22Privacy Act%22

Changing retirement landscape needs regulatory framework: Actuaries Institute

CASSANDRA BALDINI  |  MONDAY, 4 DEC 2023
... concerns they may inadvertently be providing personal financial advice. In addition, it said that trustees and members have privacy and information security concerns that must be addressed. "Surely, it should be in members' best financial interests ...

Provide Capital ordered to produce documents

CASSANDRA BALDINI  |  THURSDAY, 5 OCT 2023
... redactions had been made because of assertions by Provide Capital of purported compliance with confidentiality and Privacy Act obligations. The court noted that "any obligation of confidentiality" that exists concerning the specified books must cede ...

Adviser exam records 73% pass rate

JAMIE WILLIAMSON  |  FRIDAY, 15 SEP 2023
... obligations, including Chapter 7 of the Corporations Act, the Anti-Money Laundering and Counter-Terrorism Financing Act, the Privacy Act and the Tax Agent Services Act; applied ethical and professional reasoning and communication (including the Code ...

Industry grapples with looming cyber threats

CHLOE WALKER  |  THURSDAY, 27 JUL 2023
... future cyber-attacks," Kallenbach says. This is driven, in part, by layers of cyber-related regulation, including the Privacy Act, the Corporations Act, and the Security of Critical Infrastructure Act. Moreover, with the recent large scale data breaches ...

Trustees lack urgency, strategy on RIC: Regulators

KARREN VERGARA  |  TUESDAY, 18 JUL 2023
... were concerned about the costs and difficulty of collecting additional data mainly due to the lack of member engagement, privacy and data security concerns. They were also uncertain about how they would use the data. "We recognise the difficulty for ...

US regulators launch investigation into OpenAI

CASSANDRA BALDINI  |  FRIDAY, 14 JUL 2023
... available products and services incorporating, using, or relying on large language models has engaged in unfair or deceptive privacy or data security practices," it said "... or engaged in unfair or deceptive practices relating to risks of harm to consumers ...

ASIC releases May exam pass rate

KARREN VERGARA  |  MONDAY, 19 JUN 2023
... obligations, including Chapter 7 of the Corporations Act, the Anti-Money Laundering and Counter-Terrorism Financing Act, the Privacy Act and the Tax Agent Services Act; applied ethical and professional reasoning and communication (including the Code ...

Regulation, funding inhibits digital advice: Report

KARREN VERGARA  |  MONDAY, 22 MAY 2023
... decision-making frameworks, good governance and monitoring and oversight programs. Another is security risk encompassing privacy, cyber security, data loss and data breaches whereby one in two robo-advisers state this as one of their top priorities. ...

NGS Super suffers cyber-attack

JAMIE WILLIAMSON  |  MONDAY, 27 MAR 2023
... touch with those members whose information is involved. "We would like to emphasise that NGS takes cyber security and privacy of all personal information seriously," NGS Super said. "We sincerely apologise this has happened. You can be assured we remain ...

Data sharing laws updated in response to Optus breach

JAMIE WILLIAMSON  |  FRIDAY, 7 OCT 2022
... the ability of financial institutions to identify at risk customers and credentials by utilising an existing secure and privacy protecting data sharing platform, Treasury said. "Our government has been working in lockstep with banks and financial regulators ...
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