News

AFR: “Liability looms in social media use”

The Australian Financial Review recently published an article highlighting the increasing popularity of social media platforms, and the implications for companies of the evolvement of social media from alternative communication to mainstream media. Social media in the workplace looms as a significant challenge for companies, which if not addressed can increase the risk of regulatory…

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New Privacy Reforms

Is Your Business Prepared for the New Privacy Reforms? Privacy legislation in Australia is about to undergo major changes. The Attorney General has responded to the amendments to the Privacy Act 1988, recommended in the Australian Law Reform Commission’s report, and the first half of 295 proposed changes are now before parliament. Currently, the Privacy…

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HSBC AML failures

HSBC made history this week by agreeing to pay a record $1.92 billion in settlement for failing to enforce rules designed to prevent the proceeds of criminal activity finding its way into the financial system. While the huge sum of money ensured sensational news headlines, the Deferred Prosecution Agreement signed by HSBC offers valuable information…

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Privacy Training Preparations

The Australian Privacy Commissioner Timothy Pilgrim released a statement on 25 January urging companies to begin preparing for the upcoming privacy reforms, due to come into effect in March 2014. In the release, the Office of the Australian Information Commissioner (OAIC) is recommending businesses prepare for the reforms by reviewing: privacy policies and information collection…

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New Anti-Cartel Conduct Laws Find First Mark

The first decision to apply the latest amendments of the anti-cartel competition laws have resulted in damages of $22.4 million awarded to Norcast in an action against Bradken Limited for bid rigging and misleading and deceptive conduct. Two of Bradken’s directors, including former NSW Premier Nick Grenier were found accessorily liable. Significantly, the relevant conduct…

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LearnX Award Winners

The LearnX Impact Awards is an annual event run by the LearnX Foundation; a not-for-profit organisation promoting innovative workforce learning and supporting technologies. The event attracts the leading learning and training industry organisations in Australia. Safetrac wins 1st place for Best Learning Compliance Program 4 years in a Row! Safetrac is proud to announce it…

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New Range of Compliance Courseware

A wide range of mercantile agencies and associated organisations are involved in debt collection and recoveries activities. This industry is highly regulated and there is a raft of mercantile specific compliance obligations that need to be met. To help organisations to satisfy their mercantile specific compliance obligations, Safetrac has developed a range of mercantile specific…

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New Compliance Courses

Local Government – Councillors and Senior Officers Compliance Program This is a series of online compliance training courses written for local government councillors and senior officers. Consisting of four courses, the program will assist councils to reduce the risks associated with inadvertent or deliberate staff non-compliant activities. Implementing Safetrac’s local government compliance training program will…

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