131-140 of 730 results
In Touch: ACCC Chair calls for collaboration among regulators across the globe; and other developments
The ACCC moo-ving to enforce compliance with the Dairy Code On 9 May, the ACCC updated its guidance for the Dairy Code of Conduct ahead of the new dairy season and the upcoming 1 June deadline for dai ...
Federal Court finds cyber risk management is a critical obligation for financial services firms
The Federal Court handed down its judgment in proceedings brought by ASIC against RI Advice on 5 May 20221. It found that, as result of its failure to manage cyber security risks and cyber resilience, RI Advice breached its obligations to do all things necessary to ensure that the financial services covered by the licence were provided efficiently and fairly, and to have adequate risk management systems in place. ...
Everything you need to know about cyber risks, resilience and responsibilities
Organisations today are both blessed and cursed with extraordinary amounts of data. The responsibility for information security and data governance starts and ends with the board and senior management. We offer a handbook to help navigate duties and liabilities and a checklist of questions directors should be asking. ...
APRA and AUSTRAC provide risk management guidance in relation to crypto assets
APRA and AUSTRAC provide risk-management guidance in relation to crypto-assets ...
Just in time: the full spectrum of amendments to the Security of Critical Infrastructure regime now passed
The final anticipated amendments to the Security of Critical Infrastructure Act 2018 (Cth) (SOCI Act) have been passed in the nick of time, making their way through the Senate in its last sitting before the 2022 Federal Election. These latest amendments introduce new and enhanced obligations for risk management programs and security respectively, and the concept of ‘systems of national significance’. ...
Australia clarifies its position on AI inventorship
Australia has once again grappled with the vexed issue of whether patent protection should be granted for AI-generated inventions. The Full Court's decision means Australia's position on AI inventorship now aligns with that of the United Kingdom, the United States and the European Union, which have so far rejected AI inventorship. ...
Nucleus – corporate law developments
Welcome to our monthly snapshot of regulatory updates and other developments in corporate law. We know you are busy, so our focus is on capturing key issues. ...
Have your say: government opens consultation on ADM and AI regulatory frameworks
The Department of the Prime Minister and Cabinet is inviting responses to its recently released issues paper (Issues Paper) to inform future digital economy regulation in the areas of automated decision making (ADM) and artificial intelligence (AI). ...
Regulating crypto: Government releases consultation paper on proposed licensing and custody requirements
The Federal Government is seeking feedback on a proposed new licensing regime for crypto asset secondary service providers (CASSPrs) and new requirements regulating custody of crypto assets. The new regime would potentially sit alongside the existing AFS licensing regime, with possible overlap and inconsistency in treatment of service providers. The Government is also seeking early views on how crypto assets should be defined and categorised as part of a 'crypto mapping' exercise. The consultation period runs until 27 May 2022. ...