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February top 3 actions for AFSLs
With the holiday season behind us its now time to start planning for 2024
AFSLs need to plan for and take action on some tasks which were announced last year. Whilst we have focused on the top 3, January is also a good time to:
o Assess and develop your cyber plan (Cyber resilience good practices | ASIC)
o Budget for ASIC levies
If you need help understanding what these changes mean for your business, please contact us.
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Are you one of the 89% of the Licensee population who hasn’t lodged a breach report to ASIC?
ASIC’s Report 775 released on 31 October shows that only 11% of licensees have lodged a report. This is a surprisingly low number and suggests that some licensees may not have in place the systems and processes required to detect and report breaches. Do you?