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The Commercial Bar Association of Victoria | Australia | 20 Feb 2024

The “No Penalty Rule”: Form over substance still survives - but with some room to chip away

The decision in Commercial N Pty Limited v Huang & Ors [2024] NSWSC 23 has applied the anomalous adjunct of the doctrine of penalties sometimes known…
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Holding Redlich | Australia | 15 Feb 2024

NSW Government Bulletin: Taking reasonable steps to protect privacy

While agencies are only required to adopt ‘reasonable’ safeguards to protect against unauthorised access, use and disclosure of personal and health…
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Gilbert + Tobin | Australia | 22 Jan 2024

‘A tangled mess’: ALRC urges overhaul of financial services laws

On 18 January 2024, the Attorney-General of Australia tabled the Final Report of the Australian Law Reform Commission (ALRC) on its inquiry into the…
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Gilbert + Tobin | Australia | 11 Dec 2023

New payments licensing framework to be introduced

On 8 December 2023, Treasury released its second consultation paper (Consultation Paper) in relation to an enhanced regulatory framework for…
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Corrs Chambers Westgarth | Australia | 22 Nov 2023

‘Shields’ and ‘horizons’: key takeaways from the 2023-2030 Australian Cyber Security Strategy

As the cyber threat landscape continues to evolve, the key message of the 2023-2030 Australian Cyber Security Strategy (Strategy) is clear: business…
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Hall & Wilcox | Australia | 13 Nov 2023

Financial Services in Focus - Issue 87

In this edition, we outline ASIC’s changes to the reportable situation regime, ASIC’s commentary on under-reporting of reportable situations, the…
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Holding Redlich | Australia | 18 Oct 2023

NSW Government Bulletin: NSW mandatory data breach notification obligations coming soon

From 28 November 2023, amendments to the Privacy and Personal Information Protection Act 1998 (NSW) (PPIPA) will begin, introducing mandatory data…
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Clayton Utz | Australia | 18 Oct 2023

ASIC'S 2022-23 annual report: key takeaways

Following a downturn in 2022-23, we expect ASIC's regulatory and enforcement activities will increase in the 2023-24 year as it seeks to demonstrate…
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Sophie Grace | Australia | 9 Oct 2023

Westpac’s Alleged Breach and the Severe Consequences if proven: ASIC’s Legal Battle over Unaddressed customer hardship notices.

ASIC has initiated proceedings in the Federal Court against Westpac Banking Corporation (Westpac). The allegations revolve around Westpac's purported…
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Gilbert + Tobin | Australia | 1 Oct 2023

Boardroom Brief: Week commencing 2 October 2023

This is a service specifically targeted at the needs of busy non-executive directors (NEDs). We aim to give you a ‘heads up’ on the things that…
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