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Oct 10, 2024 | 
lexology.com | Antoine Pace |Dudley Kneller |Sinead Lynch |Raisa Blanco |Chris Girardi
Hot off the heels of its first tranche of reforms to the Privacy Act, the Federal Government has released a raft of cyber security legislation to ‘achieve Australia’s vision of being a world leader in cyber security by 2030’,[1] including Australia’s first dedicated ‘Cyber Security Act.’ Minister for Cyber Security Tony Burke yesterday introduced the: Cyber Security Bill 2024 (Cth) (Cyber Security Bill) Intelligence Services and Other Legislation Amendment (Enhanced Response and Prevention)...
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Sep 4, 2024 | 
lexology.com | Sinead Lynch |Caroline Ord |Matthew Bode |Kelly Griffiths |Michael Kenny |Daniel Maroske | +14 more
This edition of the Gadens Regulatory Recap highlights recent developments from ASIC, APRA, ACCC, OAIC, Treasury, and the Federal Parliament including various enforcement actions taken by the regulators. ASIC ASIC continues extensive action against greenwashingASIC has made 47 regulatory interventions in relation to greenwashing misconduct, including commencing two Federal Court proceedings and issuing over $123,000 in infringement notices.
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Jun 3, 2024 | 
lexology.com | Antoine Pace |Chris Girardi |Raymond Y. Huang
You’ve heard of a lookalike, but have you heard of a soundalike? The Aural Uncanny Valley: it’s something that sounds the same as something else, but is just not quite right.
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May 29, 2024 | 
lexology.com | Caroline Ord |Sinead Lynch |Kate Mills |Michael Kenny |Daniel Maroske |Kelly Griffiths | +10 more
This edition of the Gadens Regulatory Recap highlights recent developments from ASIC, APRA, AFCA, ATO, AUSTRAC, OAIC, ACCC, Treasury and the RBA, including various enforcement actions taken by the regulators. Federal BudgetFederal Government Budget: The Federal Government announced the 2024-25 Federal Budget on 14 May 2024, setting the Government’s key policy agenda for the remainder of their term.
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Feb 21, 2024 | 
lexology.com | Matthew Bode |Kelly Griffiths |Michael Kenny |Sinead Lynch |Daniel Maroske |Kate Mills | +9 more
This edition of the Gadens Regulatory Recap highlights recent developments from ASIC, APRA, ACCC, the OAIC, Treasury and ALRC, including various enforcement actions taken by the regulators. ASICASIC to crack down on predatory lending: ASIC has promised it will turn its attention to high-cost credit and predatory lending to consumers and small businesses, noting pressures on the cost of living and the need to protect vulnerable Australians in times of financial hardship.
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Jan 23, 2024 | 
lexology.com | Matthew Bode |Kelly Griffiths |Michael Kenny |Sinead Lynch |Daniel Maroske |Kate Mills | +10 more
This edition of the Gadens Regulatory Recap highlights recent developments from ASIC, APRA, ACCC, AFCA, the OAIC, and Treasury, including various enforcement actions taken by the regulators. ASICASIC extends product intervention orders for short term credit and continuing credit contracts: On 5 January 2024, the Australian Securities Investments Commission (ASIC) extended its product intervention orders made in relation to continuing credit contracts and short-term credit until 1 October 2032.
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Oct 31, 2023 | 
lexology.com | Michael Kenny |Matthew Bode |Kelly Griffiths |Sinead Lynch |Daniel Maroske |Kate Mills | +7 more
This edition of the Gadens’ Regulatory Recap highlights recent developments from ASIC, APRA, ACCC, AFCA, AUSTRAC, the ATO, the OAIC, Treasury, and some key legislative updates, including various enforcement actions taken by the regulators. ASICASIC Breach reporting amendments: On 19 October 2023.
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Jun 28, 2023 | 
lexology.com | Sinead Lynch |Adam Walker |Chris Girardi
The Australian Government has set its sights on combatting the growing trend of misinformation and disinformation on digital platforms, including social media channels, with the release of the draft Communications Legislation Amendment (Combatting Misinformation and Disinformation) Bill 2023 (Draft Bill) last Sunday.
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Jun 26, 2023 | 
lexology.com | Dudley Kneller |Sinead Lynch |Antoine Pace |David SMith |David Smith |Eve Lillas | +1 more
As briefly noted in our Gadens Regulatory Recap on 30 May 2023, the Administrative Appeals Tribunal (AAT) has recently handed down its decision regarding the conduct of Clearview AI Inc (Clearview AI), confirming the applicability of the Privacy Act 1988 (Cth) (Privacy Act) to the conduct of entities overseas, and recent amendments to the Privacy Act which have the potential to bring many more overseas entities within the scope of the Act.
