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ARTICLE · 20 DECEMBER 2024

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Regulatory Radar Q4 2024

Gilchrist Connell
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Navigating Australia's Regulatory Landscape

AustraliaPrivacy
Yvonne Lam
Yvonne Lam
Nitesh Patel
Nitesh Patel
Ashleigh Perriman
Ashleigh Perriman
Kristina Nehme
Kristina Nehme
Linda Zeng
Linda Zeng
Caspar Hawke
Caspar Hawke
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Navigating Australia's Regulatory Landscape

In this edition we cover:

  • Mandatory climate-related risk disclosure regime starting January 1, 2025
  • Privacy Act reforms to enhance Australia's privacy framework and align with international laws, with staged commencement dates starting from December 11, 2024 and into 2025-2026 for certain reforms
  • Informed consent obligations for commissions for retail clients for personal advice starting July 10, 2025
  • New Australian merger control regime starting January 1, 2026
  • Updates relating to the three-yearly independent review of the General Insurance Code of Practice. The second phase of the review, focusing on flood-related matters, is anticipated by June 30, 2025

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