New report on the Australian financial markets is available to read online from a range of sources.
In this case, the report is available for free download on the ASX-listed Australian Financial Network (AFN).
This article is the first in a series of articles on the issue of financial privacy.
This article will focus on the recent release of a financial privacy report by the Australian Financial Reporting Council (AFRC), which outlines how the Australian government regulates financial reporting and the Australian market.
It is not a complete, up-to-date summary of the report.
For further information, read the full report.
In August 2018, the Federal Government published the National Financial Reporting Standards (NFRS) on the ANZUS exchange.
The NFRSS was developed to establish a consistent standard for the reporting of financial data on the basis of two criteria: security of data and confidentiality of data.
This report provides a summary of this report.
The report, Privacy and financial reporting: Principles and practices of the Financial Reporting and Supervision of Financial Market Data (NFRSS) is a summary, not an analysis of the NFRSD.
The report provides only a summary and does not provide an analysis, nor does it give any detail on how the financial reporting system is structured or administered.
For more information, consult the report summary.
The Australian Financial Information Reporting Councils Privacy and Supervising Responsibilities document has been released in December 2018.
The document outlines the responsibilities of the Australian reporting agencies and the information society and financial institutions to respect privacy and data protection and the right to access data.
The Privacy and Security of Financial Reporting (PSRF) document, released in May 2019, outlines the principles and practices for the Australian and New Zealand financial reporting reporting systems.
The ANZSS is a standard used by the reporting agencies in the Australian public reporting system to report on financial data and data security.
This standard is part of the National Security Directive (NSD) and is governed by the National Information Security Regulation (NISR).
The ANZSF provides the framework for the data reporting obligations of the reporting agency.
The Financial Reporting Regulations (FRRs) are regulations in Australia designed to promote the integrity of financial market reporting, to ensure that data are handled with due care, to provide for a minimum level of accuracy in reporting financial information, and to protect the rights and privacy of individuals and financial services providers.
The FRRs set out what financial reporting obligations are required for each reporting agency and what reporting rights are available to the public.