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ARTICLE · 03 MAY 2023

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Regulation and risk collide: managing information as an AFS licensee

Holley Nethercote
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AFS licensees must ensure that information management procedures are current, to avoid cyber-attacks or data breach.

AustraliaFinance and Banking
Samantha Hills
Samantha Hills
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With the recent spate of data breaches now extending to the financial services industry, Australian financial services licensees are racing to ensure that their information management procedures are up to scratch, fearing that they may be the next business to hit the headlines.

Help is here

Holley Nethercote has released its template Information Management Policy and a template Document Destruction Schedule, for access by HN Hub subscribers and available for purchase by other licensees. The documents are intended to help licensees navigate the difficulties of collecting, securing, retaining and destroying information in an era when privacy and cyber security loom larger than ever before.

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The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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