Commenced on 21 April 2023, this Amendment Act amends the Care and Protection of Children Act 2007 (NT) to, among others, strengthen the principles relating to Aboriginal children, make additional provisions on the rights of children with disabilities when making decisions about their wellbeing, and allow young parents to participate in child protection proceedings.

Commenced on 20 April 2023, this Act has been made to formally recognise and promote the significant contribution of carers in the Tasmanian community. Specifically, the Act enacts a Carers Charter that contains eight principles regarding the rights of carers, as well as a Tasmanian Carer Action Plan which sets out actions to support carers, to be taken by Agencies, or persons, or entities, with an interest in supporting carers.

Partially commenced on 5 April 2023, this Act amends a large number of Western Australian legislation in relation to the criminal liability of directors and other persons involved in the management of bodies corporate. So far, the Act has amended the Criminal Code to set out circumstances where an officer may be found guilty of an offence, if an offence is found to have been committed by a body corporate.

Commenced on 29 June 2023, this Amendment Act creates a new Higher Education Loan Program assistance called STARTUP-HELP to offer loans to final year undergraduate students, post-graduate students and recent graduates in accelerator program courses at Australian universities and university colleges.

Fully commenced on 1 June 2023, this Amendment Act amends the Fair Trading Act 1987 (SA) to specify when and how an insurer must disclose to the holder of the insurance policy, relevant interest in relation to a repairer. The Amendment Act also considers an insurer to have releavnt interest if it owns, or has financial interest in, the business of the repairer, or has entered into a contract or other arrangement with the repairer.

Commenced on 1 June 2023, these Amendment Regulations amend the Fair Trading Regulations 2010 (SA) to prescribe disclosure requirements on insurers, specifically that an insurer must disclose any relevant interest held by the insurer in relation to a repairer, and the choice of a certain repairer. The insurer must provide to the holder of the policy a statement of any such interest.

Commenced on 6 June 2023, this Instrument has been made to assists employers in complying with their requirements under the Fair Work Act 2009 (Cth) in relation to genuine agreements, specifically to ensure that employees have genuinely agreed to an enterprise agreement.

Fully commenced on 12 June 2023, this Act supports the Financial Accountability Regime, established by the Financial Accountability Regime Bill 2022 (Cth) which introduces a new accountability regime for the banking, insurance and superannuation industries. The Act, among others, establishes the Compensation Scheme of Last Resort, and amends the National Consumer Credit Protection Act 2009 (Cth) to enhance the consumer protection framework for consumers of small amount credit contracts and consumer lease.

Commenced on 12 June 2023, these Amendment Regulations amend the National Consumer Credit Protection Regulations 2010 (Cth) to give effect to the Government’s response to the Review of the Small Amount Credit Contract Laws, and to enhance the consumer protection framework for small amount credit contracts and consumer leases.

Partially commenced on 2 June 2023, this Amendment Act amends the Tobacco and Other Smoking Products Act 1998 (Qld) (the Act) to continue the reduction of the smoking rate in Queensland and to provide the Queensland community with further protections from second-hand smoke and the illicit tobacco trade.

Mostly commenced on 1 April 2023, these Regulations provide for a wide range of matters in relation to health and safety standards in workplaces. The Regulations, among others, sets new requirements relating to exposure standards and asbestos licenses.

Commenced on 1 April 2023, this Amendment Regulation amends the Work Health and Safety Regulation 2011 (Qld) (the Regulation) to implement control measures for psychosocial risks in general workplace management, specifically to require that persons conducting a business or undertaking to manage psychosocial risks and consider specific matters when determining control measures.

Commenced on 12 April 2023, this Amendment Act amends the Workplace Gender Equality Act 2012 (Cth) to improve gender equality in the workplace by improving pay gap transparency and encouraging action to close gender pay gaps within organisations.

Fully commenced on 10 June 2023, this Amendment Act amends the amends the Long Service Leave (Portable Schemes) Act 2009 (ACT), the Workers Compensation Act 1951 (ACT), the Work Health and Safety Act 2011 (ACT), and the Work Health and Safety Regulation 2011 (ACT) to, among others, to implement nine recommendations from the 2018 Boland Review regarding the content and operation of the model WHS laws, provide greater clarity for duty holders about work, health and safety obligations, regard a sexual assault incident as a mandatory notifiable incident, and improve worker protections related to private sector workers’ compensation.

Fully commenced 1 June 2023, this Act provides a framework for collective bargaining for fair pay agreements across entire industries or occupations in New Zealand, rather than just between unions and particular employers. The Act, among others, sets out the good faith obligations that apply to bargaining parties, and provides the process for bargaining, initiating bargaining, finalising and varying or renewing a fair pay agreement. The Act also sets out what terms must be contained in a fair pay agreement and creates penalities for non-compliance.

Commenced on 8 June 2023, these Amendment Regulations amend the Fair Pay Agreements Regulations 2022 (NZ) to specify the mandatory content to be included in a fair agreement, such as the minimum base wage rate, any overtime and penalty rates and leave entitlements.

Commenced on 4 May, this Code has been revised to reflect the changes made to the affordability assessment requirements, to narrow the expenses considered by lenders to exclude discretionary expenses, provide more flexibility for lenders about how certain repayments are calculated, and expand exceptions from a full income and expense assessment for refinancing of existing credit contracts.

Commenced on 13 June 2023, this Amendment Act amends the Health and Safety at Work Act 2015 (NZ) to improve worker access to formal worker engagement, participation, and representation mechanisms by removing current thresholds that limit worker access to health and safety representatives and health and safety committees.

Commenced on 13 June 2023, this Amendment Act amends the Employment Relations Act 2000 (NZ) to, among others, extend the time period in which a complainant could lodge a personal grievance complaint in matters involving alleged sexual harassment at work.

New obligations were added to the Superannuation module to provide more detail on APRA Reporting Standard Requirements. Additional content was also added on the requirement to issue periodic statements for an RSE under s 1017D of the Corporations Act 2001 (Cth) and Prudential Standard SPS 310 para 26 which outlines an organisation's obligations regarding the appointment, roles, and responsibilities of the external auditor.

New content was added to the Superannuation, Private Health Insurance, Authorised Deposit-taking Institutions, General Insurance and Life Insurance modules to cover APRA's guidance from CPS 230 on the regulatory requirements for managing operational risks.

New content was added to the Private Health Insurance, Superannuation and General Insurance modules on APRA's CPS 511 (Confidentiality of Information) which sets out the obligations for APRA-regulated institutions concerning the handling and safeguarding of confidential information. The standard requires institutions to establish robust frameworks to protect sensitive data from unauthorised access, use, or disclosure.

New content was added to the Private Health Insurance, General Insurance, Life Insurance and Authorised Deposit-taking Institutions modules to cover APRA's Fit and Proper Policy, which outlines the regulatory standards and expectations regarding the fitness and propriety of individuals holding key positions within financial institutions. The policy aims to ensure that these individuals are competent, honest, and possess the necessary integrity to fulfill their roles effectively. It requires institutions to assess the fitness and propriety of prospective and current board members, senior executives, and other responsible persons.

New content was added to the Privacy and Data Protection module to cover credit reporting requirements under the dedicated credit reporting privacy framework of the Privacy Act 1988 (Cth).

New content covering the DFAT Due Diligence Framework was added to the Charities module. The framework is not mandatory but represents a method of assessment that organisations may utilise to achieve accreditation.

New content was added to the General Insurance module to cover an insurer's obligations under s 28K of the Fair Trading Act 1987 (SA). Section 28K imposes specific obligations on insurers in relation to the settlement of claims arising from insured events. Under this section, insurers are required to respond to written claims made by a policyholder within a reasonable time frame and the response must include a clear decision on whether the claim is accepted or rejected, along with reasons for the decision.

New content was added to the Casinos module to cover an operator's requirements when lobbying in NSW.

New content was added to the General Insurance module to cover the Marine Insurance Act 1909 (Cth). The Act sets the legal framework for marine insurance policies, covering areas such as insurable interests, warranties and disclosure requirements. It provides clarity on the rights and responsibilities of both insurers and insured parties and establishes rules for claims settlement, including provisions for losses and salvage.

New coverage of the Code was added to the General Insurance module. The Code outlines specific standards and obligations for both insurers and repairers. It addresses issues such as communication, pricing, dispute resolution, and repair quality.

New content was added to the Interactive Gambling module to cover offences by bookmakers, and to increase the coverage on operator's responsibilities under devices and data surveillance laws when recording bets.

Additional content was added to the Asset Management module to increase our coverage on RG 133 Funds management and custodial services: Holding assets. RG 133 provides guidance for responsible entities of registered managed investment schemes, licensed providers of custodial services, managed discretionary account providers and investor directed portfolio service operators.

New content was added to the Defence module to expand on our coverage of information security requirements under the Defence Security Principles Framework, including marking and release of official information, sensitivity and classification of information, protectively marked official information, copying and reproducing protectively marked official information and disposal and destruction of protectively marked official information.

Content was added to the Facilities Management module to cover single-use plastic bans for each state/territory and container deposit schemes in each state/territory

New content was added to the Superannuation module covering SPS 530 which is designed to assist trustees in meeting their obligations under the strengthened Prudential Standard SPS 530 Investment Governance (SPS 530), which came into force on 1 January 2023.

New content was added to the Victorian Waste, Water and Environment Management sub module to cover council's obligations in relation to waste reduction and recycling.

New content was added to the Work Health and Safety module to provide coverage of requirements for food delivery providers in New South Wales with respect to hazardous work and coverage of workplace health and safety requirements across all jurisdictions for working with crystalline silica or products containing silica.

New content was added to the NZ Bank and Non-Bank Deposit Takers, Financial Services for Retail Clients, Financial Services for Corporate and Institutions Clients, General Insurance, Life Insurance and KiwiSaver modules to cover the Financial Markets Conduct (Conduct of Institutions) Amendment Regulations 2023 (NZ). The CoFI regime is a regulatory framework aimed at improving conduct and accountability in the financial sector. It governs how financial institutions, including banks, insurers, and non-bank deposit takers, interact with their customers and manage potential conflicts of interest. The regime focuses on fair treatment of consumers, ensuring product suitability, and promoting transparency in financial services.

Updates were made to expand our coverage of prohibited sales practices in relation to regulated products.

An enhancement was made to the NZ AML/CTF module to include additional coverage of topics on dealing with designated terrorist entities and complying with sanctions.

New content covering the Friendly Societies and Credit Unions Act 1982 (NZ) has been added to the module. This Act outlines the eligibility criteria, membership requirements, and operational standards for these financial institutions, aiming to ensure their financial stability and protect the interests of their members.

New content was added to this module to provide improved coverage of the Code of Professional Conduct for authorised financial advice services, and to replace references to the Basel II: International Convergence of Capital Measurement and Capital Standards: A Revised Framework with the new Basel Framework 2023.

New content was added to the NZ General Insurance module to cover NZ IFRS 17, which will be used when an insurer is calculating the outstanding claims reserve.

New content was added to the NZ Work Health and Safety module on the Smokefree Environments and Regulated Products Act 1990 (NZ), which outlines the requirements for smoke-free areas in indoor public places and workplaces. Enhancements were also made to increase our coverage of provisions of the Building Act 2004 (NZ).

The Financial Accountability Module was launched ahead of the passage of the Financial Accountability Regime (FAR) reforms, which will require APRA-regulated entities to comply with wide obligations to strengthen accountability, including attributing accountability to key personnel, general conduct duties, deferred remuneration, and notifying APRA and ASIC of certain events. FAR has been created to improve the operating culture of organisations in the banking, insurance and superannuation industries, and to increase transparency and accountability in these industries. The Financial Accountability Module will be continuously updated as FAR comes into effect and as further information is released about rules and associated practices and procedures.

The New Zealand Sanctions module offers comprehensive guidance to organisations on their legal obligations pertaining to both domestic and international sanctions. It specifically focuses on the sanctions imposed by New Zealand and other relevant international sanctions that impact New Zealand organisations engaged in interactions involving goods, services, or organisations beyond New Zealand's borders. As sanctions restrict the activities that New Zealand organisations may engage in, this module covers what procedures and processes they should have in place to ensure compliance with applicable sanctions regimes.

In response to ongoing feedback from our customers, and aligning to the release of global Regulatory Compliance content modules, we have separated the Australian and best practice coverage currently contained within the Cybersecurity module. All sources outside the scope of Australia’s legal landscape have been moved to a newly released Global Cybersecurity Module, to support our customers’ compliance with overlapping yet separate local and international frameworks. The Global Cybersecurity module follows the same structure as the existing Cybersecurity module, except for the Cybersecurity of Critical Infrastructure topic which is specific to Australia.

The activities of banks are regulated closely under national banking supervision regimes. In addition, supranational banking authorities such as the Basel Committee, Financial Action Task Force, Financial Stability Board, and European Commission create rules and standards designed to promote the stability and trustworthiness of banks around the world. The Global Banking module provides guidance on meeting international best practices in governance, administration, Basel III compliance, supervision, disclosures, and AML programs. This module will help banks avoid failures and support stability and compliance with international standards.

The Australian Child Safety module provides information to organisations that operate with children or in child related industries. Organisations have an active and continued legal and moral obligation to protect children from harm. The aim of this module is to equip the subscriber with knowledge of their obligations and the processes and procedures necessary to establish the relevant systems and operations to ensure compliance with all applicable rules, regulations and mandatory procedures minimising and removing risks of harm to children and young people. All organisations working with children must implement robust policies and procedures to prevent abuse, enable early intervention and to respond to any reports of misconduct. Organisations that already provide services to children in Australia can use the module to confirm the adequacy of existing compliance measures and be informed on legislative changes in child safety, which is a rapidly changing area of law.

Energy market participants must comply with significant requirements and procedures in accordance with legislation designed to ensure the quality of energy generation, distribution and transmission in Australia for consumers. Wholesalers including distributors, transmitters and generators, their employees and authorised individuals are expected to be familiar with the broad landscape of legal and regulatory obligations that apply, as well as more specific obligations relevant to the particular sector in which they are operating. The Energy Wholesale module equips customers with knowledge of their requirements under the National Electricity and National Gas Laws and Rules and the relevant systems and processes that should be implemented to ensure an effective compliance management system within their organisation.

The Payment Systems module provides information to payment system providers, operators and participants in Australia. Organisations participating in the payments industry face complex regulation. While some obligations are created by federal legislation, the majority are the result of contractual arrangements between payment system participants and the bodies that govern the various networks that support the operation of payment systems in Australia and overseas. The Payment Systems module describes and explains these obligations. Organisations that already provide, operate or administer payment systems in Australia can use the module to confirm the adequacy of existing compliance measures and gauge the compliance burden of proposed expansions.

Port authorities and other port operators must comply with significant operational requirements and procedures in accordance with legislation designed to ensure the safe, efficient operation of vessel ports in Western Australia. Port authorities, port operators, their employees and authorised individuals are expected to be familiar with the broad landscape of legal and regulatory obligations that apply, as well as more specific obligations relevant to the particular sector in which they are operating. The Western Australia Ports Management module equips customers with knowledge of their requirements under Western Australian law and the relevant systems and processes that should be implemented to ensure an effective compliance management system within their port operations, including vessel management, harbour master and pilotage services, security considerations, environmental protections and more.

This module aims to provide comprehensive guidance and practical insights to organisations acting as trustees of trusts within the Australian legal framework. As trustees bear the responsibility of managing and safeguarding trust assets, they assume significant legal obligations to act in the best interests of beneficiaries while adhering to the intricacies of trust law. By exploring the legal obligations imposed on trustees and the complexities involved in fulfilling them, this module aims to assist organisations in understanding and effectively complying with their fiduciary duties.