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AUSTRALIA: Review into Open Banking – Farrell Report released

DLA Piper Privacy Matters

Following in the footsteps of Governments across international borders, the results of the long-awaited and much discussed Review into Open Banking in Australia were released late on Friday, 9 February, 2018. Nonetheless, it marks a sizeable shift in the traditional banking platform model long decried by fintechs.

Privacy 40
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The Burden of Privacy In Discovery

Data Matters

Although these proportionality factors began as an integral part of the definition of the scope of discovery, for more than two decades these limitations resided in a separate subsection of the Rule, resulting in considerable confusion and less-than-rigorous enforcement. 21 If it is not both relevant and proportional, it is not discoverable.

Privacy 97
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The debate on the Data Protection Bill in the House of Lords

Data Protector

Banks must still be allowed to process data to prevent fraud; regulators must still be allowed to process data to investigate malpractice and corruption; sports governing bodies must be allowed to process data to keep the cheats out; and journalists must still be able to investigate scandal and malpractice. change it substantially.

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