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Compliance risk

Regulator sharpens the warning on facial recognition

The OAIC has updated its facial recognition guidance for APP entities using biometric technology in high-volume, publicly accessible retail spaces. The update reflects the ART’s March 2026 Bunnings decision and reinforces that each deployment needs…

Risk Maturity in Action: Turning Customer Promises into Reliable Outcomes

Two recent ASIC matters provide a useful opportunity to think differently about risk management. They can be read as stories about compensation, penalties and compliance...

APRA grants Revolut an ADI licence — a reminder that prudential entry standards still matter

APRA has granted an authorised deposit-taking institution (ADI) licence to Revolut. This is a substantive licensing decision and a current prudential development for boards, risk teams and governance functions watching new entrants into the banking…

The Qantas privacy finding: a positive lesson in third-party oversight

A serious data breach does not automatically mean governance failed. The more important question is whether an organisation can demonstrate that it understood the risks,...

When the Price of Milk is about Governance

The ACCC fined Lactalis $59,400 over misleading 'fresh' milk labelling, while the Federal Court's $11.3 million penalty against Mercer Super shows the same claims-outrun-evidence governance failure at a very different scale.

Australia’s Data Breach Risk Has Moved From Cyber Issue to Operating Risk

The OAIC has published new Notifiable Data Breaches statistics for 2025, showing notifications at an all-time high and issuing a new quick reference guide for entities covered by the scheme. This is not a new…