by Leela | 2023-08-08 | Our Thinking
The Australian Prudential Regulation Authority (“APRA”) has published a newsletter highlighting the importance of placing focus on cyber security while conducting independent tripartite cyber assessments on its regulated entities. These assessments are...
by Leela | 2023-08-07 | Our Thinking
On 17 July 2023, the Australian Prudential Regulation Authority (“APRA”) released the Prudential Standard CPS 230 for Operational Risk Management (“CPS 230”), along with a consultation draft of the Practice Guide CPG 230 for Operational Risk...
by Leela | 2023-07-26 | Our Thinking
On 14 July 2023, the Australian Competition & Consumer Commission (“ACCC”) released ‘Draft guidance for business’ (the “Draft Guidance”), focussed on improving the integrity of environmental and sustainability claims made by businesses, ensuring consumer...
by Leela | 2023-06-01 | Our Thinking
The Australian Securities and Investments Commission (“ASIC”) has revised Regulatory Guide 78, which deals with breach reporting by AFS licensees and credit licensees (“RG 78”), in response to implementation challenges within the regulatory...
by Leela | 2023-05-17 | Our Thinking
In June 2021, the European Union (EU) introduced a new set of Standard Contractual Clauses (“SCCs”) for the purpose of transferring EU personal data. The United Kingdom (UK) implemented its own International Data Transfer Agreement (“IDTA”) for...
by Leela | 2023-05-03 | Our Thinking
On 12 April 2023, the European Supervisory Authorities (“ESAs”) – comprising the European Securities and Markets Authority (“ESMA”), the European Insurance and Occupational Pensions Authority (“EIOPA”), and the European...