Results for "consumer data right"
201-210 of 530 results for 'consumer data right'
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. ...
Merger reform legislation: complex process risks capturing more transactions than intended
Yesterday, the Federal Government introduced the Treasury Laws Amendment (Mergers and Acquisitions Reform) Bill 2024 (the Bill) to the Parliament, marking a significant shift in Australia's merger reg ...
Repurposing existing medicines – industry to have its say in reshaping Australia's regulatory future
The Therapeutics Goods Administration (the TGA) is consulting with the public and industry to potentially reform regulatory and reimbursement frameworks, to incentivise the repurposing of existing medicines. Off-label use (where a medicine is used for a disease or medical condition for which it does ...
Privacy disclosure incident leads to largest ever award of compensation for non-economic loss.
The determination issued by the OAIC for breaches of the Privacy Act by the Department of Home Affairs confirms that compensation can be ordered to be paid for non-economic losses related to data breaches. ...
New industry standards for online safety: what service providers need to know
Deadline to carry out risk assessments is fast approaching. Certain online service providers must complete a risk assessment and implement required compliance measures by 21 June 2025. ...
Federal Court clears path for the OAIC to pursue its privacy proceedings against Facebook
A full bench of the Federal Court has confirmed an earlier ruling that there was a prima facie case Facebook Inc (now Meta Platforms Inc) 'carries on a business' and collects personal information in Australia. With this decision, the Australian Information Commissioner can now proceed with the landmark case against Facebook Inc and Facebook Ireland Ltd in relation to a number of alleged breaches of the Australian Privacy Principles. ...
A tale of two OAIC investigations – privacy implications for the use of facial recognition technology
Determinations issued by the Office of the Australian Information Commissioner (OAIC) following two recent investigations against 7-Eleven and Clearview AI, reinforce a global trend of growing regulatory scrutiny of the use of facial recognition technology by private sector organisations, and follows Facebook's recent decision to shut down its facial recognition system. ...
Media Reform Green Paper
On 27 November, the Department of Communications issued a Media Reform Green Paper (Green Paper) seeking views on a number of proposals. The Green Paper builds on a number of issues highlighted by the ...
Facilitating a successful ERP implementation
Enterprise Resource Planning (ERP) systems are the backbone of modern business operations, seamlessly integrating processes from accounting to human resources. With AI advancements, analytics and cloud computing, these systems offer greater capabilities to organisations than ever before. ...
Class action risk: interim update
Class action filings in 2023 are on pace to significantly outstrip the number of claims filed last year, reverting to the trend of elevated filings seen over recent record setting years. ...