Compliance News
The act of complying with Regulations, Standards and Frameworks is becoming essential business practice. The IDL Compliance Program identifies the compliance issues that are generating compulsory and compelling IT investment across a variety of industry sectors. The menu below indicates the current location and industry sector issues. Use this menu to select a different location or industry sector.
| Issue Brief | New Policy Driver | IT Investment Implications | Compliance Timetable |
|---|---|---|---|
| A Corporate Law Economic Reform Program (CLERP 9) | CLERP 9 works in conjunction with ASX-CGC Corporate Governance Rules covering financial reporting in
Australia. Requires CEO sign-off of the veracity of accounts, including the underlying systems and, through principle 7 of the principles of good corporate governance, risk management. Also requires timely and balanced disclosure. |
Risk Assessment Systems Storage Email Retention Disaster Recovery Financial Systems |
Operational |
| Personal Data Protection Bill | All businesses and organizations that deal with personal information must not use data other than for clear, specified purposes; information must be collected properly; must be current; kept secure and handled in a transparent manner that properly involves individuals. |
Security Data Management CRM Workflow Document Management Systems |
Operational Operating and basis for ISO 27001 standard information security adoption with related IT security solutions for integrated Information Security Management System [ISMS]. |
| Spam Act | Mandates that businesses should only send commercial messages with the recipients consent, identify the sending party and allow the recipient to unsubscribe. |
Database Storage Backup Disaster Recovery |
Operational Fully operational and demand for IT solutions still expected to reduce cost and risk. |