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6 results for LexBlog Australia › Hunton Andrews Kurth LLP

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  • Australian Regulator Issues Crypto Guidance

    In May 2019, the Australian Securities and Investments Commission (ASIC) issued Information Sheet 225, “Initial Coin Offerings and Crypto-Assets” (IS 225). IS 225 provides helpful guidance for Australian entrepreneurs considering whether to raise funds through an initial coin offering (ICO) and for businesses that are involved with crypto-assets such as cryptocurrency, tokens or stable coins in...

  • Australia and Chinese Taipei Join the APEC CBPR System

    On November 23, 2018, both Australia and Chinese Taipei joined the APEC Cross-Border Privacy Rules system.

  • Australia Announces Plans to Participate in APEC Cross-Border Privacy Rules

    On November 23, 2017, the Australian Attorney-General’s Department announced that it will move forward with an application to participate in the APEC Cross Border Privacy Rules system.

  • Australia Enacts New Data Breach Notification Law

    On February 13, 2017, the Parliament of Australia passed legislation that amends the Privacy Act of 1988 and requires companies with revenue over 3 million AUD (2.3 million USD) to notify affected Australian residents and the Australian Information Commissioner in the event of an "eligible data breach."

  • Australian Government Moves Forward with Privacy Reform Legislation

    On May 2, 2012, Australia’s Attorney General Nicola Roxon announced that the Canadian government will introduce a bill to the Australian Parliament that will enact a number of the recommendations from the 2008 Law Reform Commission Report and reform privacy law in Australia. Australian Privacy Commissioner Timothy Pilgrim presented an overview of the draft legislation during iappANZ’s Privacy...

  • Australia to Reform Privacy Laws

    On October 14, 2009, the Australian government released a report entitled “Enhancing National Privacy Protection” that contains proposed reforms to Australia’s privacy laws, including the Privacy Act 1988 (“Privacy Act”).  In announcing the report, Cabinet Secretary and Special Minister of State Joe Ludwig stated that the reforms aim to “provide for one set of streamlined...

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