Tuesday, 30 September 2025
Chair
Steven Klimt, Partner, Clayton Utz; Recognised in Best Lawyers Australia for Banking and Finance (2013-2024), Government (2021-2024) and Regulatory Practice (2014-2024)
Description
Attend and earn 1 CPD unit in Substantive Law
This program is applicable to practitioners from all States & Territories
Endorsed by Australian Finance Industry Association
Endorsed by Finance Brokers Association of Australia
Endorsed by Australian Institute of Credit Management
Endorsed by Association of Superannuation Funds of Australia
The Very Latest in Privacy Law Reform
Australia’s privacy laws and practice continue to evolve to address consumer protection requirements and challenges and opportunities created by new technologies. This is especially so in the financial services and for providers of credit.
In this session you will look at:
- 2025 Brings changes to the Privacy Act 1988, including the introduction of a statutory tort, new transparency requirements for automated decision making and enhanced enforcement powers
- Lessons learned from recent determinations by the Office of the Australian Information Commissioner and key matters before the courts
- Developments in other jurisdictions relevant to credit providers in Australia
Presented by Olga Ganopolsky, General Counsel - Privacy & Data, Macquarie Group; Chair Privacy Committee Business Law Section Law Council of Australia
Presenters
Steven Klimt, Partner, Banking and Financial Services, Clayton UtzSteven has been practising in the retail banking and financial services area for over 30 years. His practice covers documentation, procedures, forms and systems, and financial services regulatory issues including consumer credit, anti-money laundering. payment systems and privacy. His clients include many of Australia's leading financial institutions, Fintechs and finance companies. Steven is a contributing author to the CCH Australian Consumer Credit Law Reporter. He has been ranked in Best Lawyers Australia in Banking and Financial Services and Regulatory Practice for many years.
Olga Ganopolsky, General Counsel - Privacy & Data, Macquarie Group
Olga Ganopolsky is Macquarie Group’s General Counsel - Privacy and Data and is versed in the subject of data protection with extensive experience in detailed privacy policy challenges, law reform and ongoing management of legal and strategic issues. Much of Olga’s work involves implementing new technologies and addressing privacy requirements in an increasingly complex co-regulatory and sometimes contentious environment. Most recently this has included work on implementations of GDPR and the reforms to Security of Critical Infrastructure Act and related regimes, artificial intelligence, CPS 234, Covid-19 related matters, the Consumer Data Right and addressing cross border issues considering the Schrems II Decision of the European Court of Justice and the newly updated Standard Contractual Clause as approved by the Commission.