Digital Governance Quarterly Roundup – August 2023

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Welcome to the sixth issue of our quarterly Digital Governance, Cyber and Privacy newsletter.

We have included our usual roundup of recent digital governance news* and developments in Australia and around the world:

REGULATION

AU – Prudential standard CPS 230 

In July 2023, Areleased the proposed cross-industry prudential standard CPS 230 to strengthen the management of operational risk. APRA is consulting on the draft until 13 October 2023.

UK – Data Protection and Digital Information (No. 2 Bill)

In March 2023, the Bill was presented to Parliament seeking to update and simplify the UK’s data protection framework to benefit organisations that process personal data by reducing burdens on organisations while maintaining high data protection standards. The Bill would provide organisations with greater flexibility on how to comply with certain aspects of the data protection legislation; improving the clarity of the framework, particularly for research organisations and providing more certainty and stability for cross-border flows of personal data. It also extends data sharing powers for organisations that process personal information at the request of public bodies which has…

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