Description

Judgment issued in ASIC v RI Advice including cybersecurity

On 5 May 2022, the Federal Court of Australia handed down a judgment in the case of the Australian Securities and Investments Committee (ASIC) v RI Advice Group, a financial advisor company. The Court ruled that RI Advice had failed to have the prop…

Scope

Policy Area
Data governance
Policy Instrument
Cybersecurity regulation
Regulated Economic Activity
other service provider
Implementation Level
national
Government Branch
judiciary
Government Body
court

Complete timeline of this policy change

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2020-08-21
under deliberation

On 21 August 2020, the Australian Securities and Investments Committee (ASIC) filed a case against …

2022-05-05
in force

On 5 May 2022, the Federal Court of Australia handed down a judgment in the case of the Australian …