Virtual Responsible Manager Training: Sweeping changes to breach reporting


A host of changes to breach reporting requirements will take effect on 1 October 2021.

As a result breach reports will be required in a broader range of circumstances. This new legislation has significant implications for licensees who will need to allocate additional time and resources towards meeting these new obligations.

Join us for an informative and interactive session, where we will assist licensees to gain a deeper understanding of the new breach reporting regime including:

  • The new test for when to report a significant breach including the deemed significance of all civil penalty provisions
  • The requirement to report at the investigation stage and on the outcome of investigations
  • The changes in timing for reporting breaches
  • The requirements to notify clients of breaches, to investigate and quantify any loss or damage suffered, and to compensate affected clients

Join us today!

  • 10:00 am - 11:30 am