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Regulatory compliance in the Australia
Australia is reforming its Privacy Act and strengthening cybersecurity obligations under the SOCI Act. The OAIC enforces privacy, while APRA and ASIC regulate financial services.
Key regulatory authorities
Cleo monitors enforcement actions and guidance from these authorities in real time.
Regulations covered
Key regulatory frameworks monitored by Cleo in Australia.
Privacy Act 1988SOCI ActCPS 234Consumer Data RightAI Ethics FrameworkNotifiable Data Breaches
Compliance by industry in Australia
Explore sector-specific regulatory requirements.
Frequently asked questions
What is changing in Australian privacy law?
Australia is reforming its Privacy Act with stronger individual rights, broader coverage, and higher penalties. Cleo tracks the reform timeline and prepares your compliance roadmap.
What is the SOCI Act and does it affect my business?
The Security of Critical Infrastructure Act 2018 (SOCI Act) imposes cybersecurity obligations on operators of critical infrastructure across 11 sectors including financial services, energy, healthcare, and data storage. It requires risk management programs, incident reporting, and government-assisted response capabilities.
How does Australia regulate AI?
Australia currently uses a voluntary AI Ethics Framework rather than binding legislation. However, the government is consulting on mandatory AI guardrails for high-risk settings. ASIC and APRA provide sector-specific guidance on AI use in financial services. Cleo monitors the evolving regulatory landscape.
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