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ESG Focus: Surviving & Thriving In The CDR Era

Surviving And Thriving In The CDR Era -Integrating the Consumer Data Right will be a key challenge for Australian businesses -The CDR seeks to rebalance the data relationship of commercial entities and consumers -It seeks to offer consumers more control over their data and ways to use it for their benefit By Ed Kennedy The implementation of the Consumer Data Right (CDR) is set to be a key commercial trend of the 2020s. The CDR shall deliver consumers greater control over their own data. This includes the choice of sharing that data securely with an accredited third party as desired.

Is superannuation facing the same fate as the goose that laid the golden eggs?

Is superannuation facing the same fate as the goose that laid the golden eggs?
theage.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theage.com.au Daily Mail and Mail on Sunday newspapers.

BID to intersect with design and distribution obligations

BID to ‘intersect’ with design and distribution obligations subscribe A A The incoming design and distribution obligations will “intersect” with BID, as lenders examine the “competency” of distribution channels and how conflicts of interest could be managed, according to a law firm. At a Pepper Money Insights 2021 webinar, lawyer and managing associate in Dentons Financial Products and Services group, Rachel Walker, addressed the incoming product design and distribution obligations (DDO) for financial products. The new obligations, which were passed by Parliament in 2019 following a recommendation in the Financial System Inquiry, will cover both lenders and brokers from 5 October 2021. They require issuers and distributors of financial products to have a consumer-centric approach to designing and distributing products.   

Conversation With ASIC: AFIA Risk Summit - A Speech By ASIC Commissioner, Sean Hughes, To The Australian Finance Industry Association (AFIA) Risk Summit, Tuesday 16 February 2021

<h2><span style="font-size: small;">Introduction</span></h2> <p><span style="font-size: small;">Thank you to Dianne for the introduction and to AFIA for the invitation to speak to you all today.</span></p> <p><span style="font-size: small;">Let me begin by acknowledging the Traditional Owners of the many lands upon which we gather today, and pay my respects to Elders past, present and emerging.</span></p>

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