Australian Parliament Takes Up Privacy Act Reforms

Law360, New York (May 23, 2012, 9:35 PM EDT) -- The Australian government on Wednesday unveiled long-anticipated reforms to the country's Privacy Act that would give consumers greater control over their personal information, modernize credit reporting arrangements and strengthen the privacy commissioner's enforcement powers.

Attorney General Nicola Roxon introduced to the Australian Parliament the Privacy Amendment (Enhancing Privacy Protection) Bill 2012, which was drafted in response to an Australian Law Reform Commission inquiry that found several deficiencies in the company's current privacy framework, embodied in the Privacy Act of 1988.

The newly introduced bill aims to...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.