Prudential Standard CPS 234 – Information Security

APRA’s new information security standard commences 1 July 2019 Background Australian Prudential Regulation Authority’s (‘APRA’) new mandatory Prudential Standard CPS 234 on Information Security (‘Standard’) comes into effect on 1 July 2019. The Standard has been drafted with the purpose of tackling the rise in information security threats. Overview of the Standard The new Standard … Read more

Super Alert – 7 June 2019

This week’s Super Alert covers a Treasury consultation in relation to the financial institution supervisory levy, changes to ASIC’s financial calculator relief and further updates from APRA in relation to the PYS legislation. Changes to ASIC relief for superannuation and retirement calculators On 4 June 2019, the ASIC Corporations (Amendment) Instrument 2019/514 (Instrument) was registered … Read more

Focus on privacy in health care: Data breach and the health practitioner

Speaking recently to a group of health practitioners I asked who in the room ran a business that was subject to the Privacy Act 1998 (Cth). Not one hand went up. An individual, partnership or body corporate in Australia that provides a health service to another individual and holds any health information is an organisation … Read more

No break from Elsdon: VSCA stresses the meaning of ‘fracture’

Introduction The recent Victorian Supreme Court of Appeal decision of Whittlesea City Council v Mohammed1 (Whittlesea) has clarified the application of principles that may enable injured workers to claim higher impairment benefit (IB) monetary awards within their workers compensation claims. This article briefly summarises the IB scheme in respect of spinal impairments and the earlier decision … Read more