RegsWeb Weekly 04 December 2024
Cinnamon Pow2024-12-18T12:03:13+11:00Includes: Legislation to strengthen Australia’s AML/CTF regime has passed Parliament, and ASIC update on maintenance of regulatory guides
Includes: Legislation to strengthen Australia’s AML/CTF regime has passed Parliament, and ASIC update on maintenance of regulatory guides
Includes: ASIC releases new and updated guidance in response to the DBFO Act
Includes: Basic communication principles in the event of a cyber incident APRA published new and updated FAQs on capital for ADIs and insurers
Includes: ASIC seeks feedback on proposed guidance on sustainability reporting regime New enrolment and registration forms arrive at AUSTRAC
Includes: ASIC warns governance gap could emerge in first report on AI adoption by licensees ASIC updates guidance for auditors following extension to financial reporting and audit obligations APRA amends operational risk financial requirements for superannuation trustees
Includes: Upcoming changes to AUSTRAC Online
To ensure good compliance, your policies need to be three things: up-to-date, ready-to-use and easily accessible. RegsWeb is a MIntegrity tech solution that helps you stay on top of all this and more, assisting firms in all the elements of policy management. […]
In May 2023, the Australian Securities and Investments Commission (ASIC) released Issue 148 of its Market Integrity Update. The publication includes important information for market participants, including guidance for assessing cyber capabilities, reports on criminal sentences throughout the industry and — perhaps most importantly — a look at the updated market integrity rules penalty regime. [...]
Although cybersecurity has long been an integral part of the Australian financial sector, the idea of ‘cyber resilience’ is newer and more complicated. Instead of focusing on the tools or solutions required to protect an organisation, cyber resilience goes a step further to encompass frameworks, philosophies and applicable responsibilities. […]