Results for "consumer data right"
311-320 of 830 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. ...
Corporate culture an increasing legal and reputational risk
Significantly, the report's findings move beyond broad recommendations, identifying the key factors singled out by the law and regulators as drivers of corporate culture and naming general counsel, ...
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 ...
Where are all the data breach class actions in Australia?
Class actions arising out of data breaches have been common in the US for some time but in Australia were yet to see a plaintiff bring such an action successfully In some ways this is unsurprising Despite the fact that data breaches are now commonplace and that class action law firms are ...
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. ...
Worth the wait? Release of draft mandatory data breach notification laws
Following a period of industry consultation the Federal Government has introduced updated legislation that will introduce a mandatory data breach notification scheme The new Bill will amend the Privacy Act 1988 Cth when it comes into force and will apply to all Australian companies currently subject ...
Competition law update
In touch Competition law update is a regular publication by the Allens Competition Law group to keep you informed of the latest news and developments in this area ...
New EU rules raise the bar for data security
The EU General Data Protection Regulation GDPR which will apply from May 2018 includes enhanced data security requirements and obligations to notify regulators and individuals of data breaches A failure to comply with key provisions may lead to a fine of up to euro20 million or 4 per cent of global ...
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. ...
New cyber incident response obligations for Australian organisations
The Australian Government implemented a suite of reforms to strengthen cyber security laws in Australia through the following Bills: the Cyber Security Bill 2024 (the Cyber Security Bill); the Intell ...