Gadens Regulatory Recap – 4 September 2024
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 greenwashing ASIC has made 47 regulatory interventions in relation to greenwashing misconduct, including commencing two Federal Court proceedings and issuing over […]
ReadmoreCorruption and Integrity Update – August 2024
In this edition of the Queensland Corruption and Integrity Update we consider various updates from the CCC, and recent parliamentary updates relating to the Office of the Independent Assessor. CCC updates CCC provides updated Strategic Plan for 2023-2027 On 1 July 2024, the CCC released its updated Strategic Plan for 2023 to 2027. The Strategic […]
ReadmoreGadens Regulatory Recap – 21 August 2024
This edition of the Gadens Regulatory Recap highlights recent developments from ASIC, APRA, OAIC, ACCC, and Treasury including various enforcement actions taken by the regulators. ASIC Financial advice update: The Financial Advice Update, published by ASIC on 9 August 2024, highlights key regulatory developments affecting Australian financial services (AFS) licensees and financial advisers. The update […]
ReadmoreCourt orders Mercer Superannuation to pay an $11.3m penalty
Last year, ASIC commenced proceedings seeking declarations, pecuniary penalties and adverse publicity orders against Mercer Superannuation (Australia) Limited (Mercer) alleging that Mercer had made false or misleading representations and engaged in conduct that was liable to mislead the public in relation to financial services in contravention of sections 12DB(1)(a) and 12DF(1) of the Australian Securities […]
ReadmoreGadens Regulatory Recap – 8 August 2024
This edition of the Gadens Regulatory Recap highlights recent developments from ASIC, APRA, OAIC, ACCC, and Treasury including various enforcement actions taken by the regulators. ASIC ASIC’s first greenwashing case results in landmark $11.3 million penalty for Mercer The Federal Court has ordered Mercer Superannuation (Australia) Limited (Mercer) to pay $11.3 million in penalties in […]
ReadmoreNational Integrity Spotlight – July 2024
In this month’s edition of the National Integrity Spotlight, we consider the most recent updates from the NACC, the newly announced Fundamental Principles of Australian Anti-Corruption Commissions, and updates from various Australian integrity bodies. We also consider the updated Commonwealth Fraud and Corruption Control Framework, newly updated AML/CTF frameworks, and updates relating to the soon-to-be […]
ReadmoreNational Integrity Spotlight – June 2024
In this month’s edition of the National Integrity Spotlight, we consider the most recent updates from the NACC, including the decisions made in relation to the Robodebt referrals. We also provide details of the various reports released by the Senate Inquiry into management consultants, and State anti-corruptions bodies including the NSW ICAC, SA ICAC, NT ICAC […]
ReadmoreCorruption and Integrity Update – May 2024
In this edition of the Queensland Corruption and Integrity Update we consider updates from Parliamentary committees, amendments to the Integrity Act, and a recent decision of the Councillor Conduct Tribunal. We also consider the recently released final report of the Independent Review of the Crime and Corruption Commission’s reporting on the performance of its corruption […]
ReadmoreOAIC Medibank action a wakeup call for organisations to uplift privacy compliance
The Office of the Australian Information Commissioner (OAIC) has made data breaches a regulatory priority for 2023-2024, with an increased focus on regulatory action where there may be serious failures to take reasonable steps to protect personal information, inappropriate data retention practices or failures to comply with the notification procedure from the Notifiable Data Breaches […]
ReadmoreNational Integrity Spotlight – May 2024
In this month’s edition of the National Integrity Spotlight, we consider the most recent updates from the NACC, consultation on the prevention of bribery of foreign public officials, and updates from various integrity bodies. NACC Update Referral and Assessment Update The National Anti-Corruption Commission (NACC) continues to provide regular updates on the number of referrals […]
ReadmoreCorruption and Integrity Update – April 2024
In this edition of the Queensland Corruption and Integrity Update we consider a number of Councillor Conduct Tribunal (CCT) matters, recent parliamentary matters of privilege, the inquiry into the report into the Queensland Audit Office (QAO), and the independent review into the Crime and Corruption Commission’s reporting on the performance of its corruption functions (CCC […]
ReadmoreBe GLAD it’s not you! ACCC launches Federal Court greenwashing proceedings against Clorox Australia Pty Ltd
The Australian Competition and Consumer Commission (ACCC) recently announced that it has commenced Federal Court proceedings against the manufacturer of GLAD-branded kitchen and garbage bag products, Clorox Australia Pty Ltd (GLAD), for alleged false or misleading representations displayed on their products and packaging. This comes after the ACCC released guidance on environmental claims in December […]
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