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Connecticut Implements Cybersecurity Laws for Data Breach Prevention

Connecticut Implements Cybersecurity Laws for Data Breach Prevention
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Connecticut Enacts Legislation to Incentivize Adoption of Cybersecurity Safeguards and Expand Breach Reporting Obligations | Robinson+Cole Health Law Diagnosis

Connecticut Enacts Legislation to Incentivize Adoption of Cybersecurity Safeguards and Expand Breach Reporting Obligations | Robinson+Cole Health Law Diagnosis
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Australian Financial Services Regulatory Update - May 2021 | Jones Day

This edition of the Update covers: 1. Recent legal and regulatory developments, including the release of ASIC's immunity policy for market misconduct offences, a FATF. ....

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Corporate watchdog considers complaint about Premier Investments not revealing jobkeeper payments

The letter was in response to a request Leigh made of Asic’s chair, James Shipton, pointing out that in June last year the regulator told companies to “prominently disclose significant amounts, the commencement date and expected duration of support or assistance” received under government programs including jobkeeper.
“Will you be asking Premier Investments to disclose the total jobkeeper support that it has received from taxpayers, in line with your own announcement?” Leigh asked in his request, sent on 3 May.
In response, Facey said that Asic had “not yet decided what action if any we will take in relation to the disclosures by Premier Investments”. ....

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How four adviser breaches could escalate to 198

Print
It will be virtually impossible for small financial planning firms to comply with the new breach reporting regime proposed to be imposed on the industry via
the Financial Sector Reform (Hayne Royal Commission Response – Protecting Consumers (2020 Measures)) Regulations 2021: Breach Reporting legislation,
according to the Association of Financial Advisers (AFA).
What is more, the AFA has cited member feedback which suggests that four breaches reported by a licensee in 2020 could be escalated to as many as 198 under the new regime.
In a submission filed with the Treasury, the AFA has strongly complained that the breach reporting measures contained in the legislation go well beyond what was proposed in the final report of the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry. ....

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