Privacy Law and Data Protection

What is Privacy Law and data protection?

As a financial services professional, privacy is by no means a new concept to you or your company. Any loss or unauthorised disclosure of sensitive data, such as a cyber-attack or a flaw in data security procedures, can negatively impact any firm.

It can undermine success, threaten reputation and jeopardise the confidence of investors and customers. The consequences of breaches may be long-term and costly, as highlighted by recent high-profile cases.

It is therefore critical that you understand current legislation, including Notifiable Data Breach reporting requirements – obligations that extend beyond directors and executives to all levels within an organisation.

In today’s increasingly digital and data-driven environment, organisations must also manage emerging risks associated with artificial intelligence, automated decision-making and cross-border data flows.

About our Course

This latest edition of our Privacy Law and Data Protection course reflects significant regulatory and industry developments, including updates arising from the Privacy and Other Legislation Amendment Act 2024 and evolving expectations from regulators.

You will explore key obligations under the Privacy Act, including the requirement to take “reasonable steps” to protect personal information through both technical and organisational measures, as well as new and emerging requirements relating to:

  • Transparency around automated decision-making and AI
  • Strengthened enforcement powers and penalties
  • Digital ID regulation and oversight
  • Enhanced expectations for data governance and breach response

The course also examines how privacy risks arise in practice, drawing on recent real-world case studies across financial services and other sectors.

As we explore throughout the course, privacy breaches can result from cyber-attacks, system failures or human error. Accordingly, all employees should understand:

  • Their organisation’s compliance obligations
  • How personal information must be collected, used and disclosed
  • Why security measures and controls are in place
  • How to apply safeguards when handling personal information

Privacy Law and Data Protection is a core topic within our Financial Services CPD library.

Program Content

  • Key background concepts
  • What privacy and data protection laws are in place in Australia?
  • Recent developments in privacy and data protection law
  • Summary of privacy obligations

Learning Outcomes

  • The background to Australia’s privacy and data protection regime
  • What privacy and data protection laws apply to your organisation
  • What constitutes “personal information”, including how to distinguish information “about” an individual
  • How data breaches occur, how they must be reported under Australia’s notifiable data breaches regime, and some of the ways you can help prevent them
  • The potential impacts of recent and proposed reforms to Australian privacy laws, including developments affecting AI, enforcement and cross-border obligations

What you will learn

Who is this course for?

  • Compliance Managers
  • Representatives
  • Senior Managers

Units of Competency

Pre-requisite

Recognition of Prior Learning

Certification

You will be awarded a Certificate of Completion. It will be available online for you to download and print immediately.

CPD Accreditation

ASIC-supervised licensees: Regulation
FAS-supervised licensees: Regulatory compliance and consumer protection

Explore our Financial Services CPD

Our short course topics are also included in our annual subscription Financial Services CPD library.

Download Brochure

Frequently Asked Questions

Our CPD short courses are self-paced with online learning resources & on-going support.
  • You have up to 8 weeks to complete the learning and assessment requirements for your CPD short course.
  • Experienced professionals can complete in less time.

Our CPD short courses are assessed by a short open book multiple-choice exam.

To get started, either
  • Purchase your course online. (If checking out for your team, you can add multiple courses to the cart.) OR
  • Contact Us to arrange an invoice
Please note: Online orders may take up to 1 business day to be processed and for you to receive your course login details.  

To get started, either:
  • Purchase course/s online. (You can add multiple courses to the cart.) Please note: Online orders may take up to 1 business day to be processed and for your team to receive their course login details.
OR
Contact us for your Corporate Solution.
What will I learn in this workshop?2026-07-15T18:59:10+10:00

The workshop combines regulatory updates with practical compliance guidance, helping Responsible Managers better understand their obligations and strengthen their governance framework.

Topics include:

Credit regulation and licensing

Understand the current regulatory framework governing Australian Credit Licensees and ASIC’s expectations of Responsible Managers.

The role and responsibilities of a Responsible Manager

Explore what ASIC expects Responsible Managers to do in practice and how to effectively discharge your responsibilities.

Regulatory priorities

Understand the emerging issues and compliance risks currently attracting regulatory attention.

Recent ASIC regulatory outcomes

Review recent enforcement actions and regulatory outcomes with a focus on the role Responsible Managers played – and the lessons every licensee should learn.

Accountability and governance

Strengthen your oversight, governance and compliance framework through practical examples and proven approaches.

Managing your ongoing obligations

Learn practical tips for staying across your obligations, maintaining effective records and meeting your reporting responsibilities.

Financial Education Professionals acknowledges the Traditional Owners of Country throughout Australia. We pay our respects to Elders past, present and emerging.