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FCA survey reveals gaps in consumer insurance knowledge and take-up

Regulator publishes findings of its largest research pool with UK consumers.




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In-depth - liability: The future of construction PI

Are there any solutions to the loss of capacity and increasing premiums in construction PI? Martin Friel investigates




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Blog: When is a consolidator, not a consolidator? The question Barton, Jelf and Reid’s Partners& hopes to answer

This week saw the launch of new broking business Partners&, bringing together a quintet of players to form a business which is positioning itself as distinctly anti-consolidator. Insurance Age content director Jonathan Swift looks at what this means; and the challenges it faces to maintain its self-proclaimed USPs as it grows.




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Castel enters construction market with new offering

Sector has recently been troubled by hardening capacity and cover shortages.




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What to Consider Before Replacing Your Roof

The roof on your home is one of those things you probably don't give much thought to on a daily basis. It is there to perform a vital task and until it is no longer performing that task it tends to be ~ out of sight, out of mind.




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Pros and Cons to Having a Chicken Pen When Selling

Have you been noticing a lot of people getting chickens in their backyard lately? It is a growing trend even in metro places like Seattle and Chicago. While there are some city ordinances and rules, having a chicken pen, with chickens, of course, may or may not be a good idea if you are planning on selling your home.



  • Garden / Landscaping / Patio

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Is automated traffic something to consider?

Trying to get visitors to come to your site can often be a very hard task, how will people find you when they do not know you exist? If you have time and dedication, you do not need to spend too much to get your site seen.




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Temporary exemptions under Consumer Data Right

24 April 2020

Three-month exemptions have been granted to financial services providers required to share product reference data by 1 July 2020, due to the impact of the COVID-19 pandemic.

The temporary exemptions under the Consumer Data Right, until 1 October, will apply to non-major ADIs, including non-major banks, building societies and credit unions, and extend to non-primary brand products offered by the major banks.

The major banks have been sharing product reference data since July 2019.

Product reference data refers to information about a bank’s rates, fees and features of banking products. 

This data can be used by businesses, such as comparison sites, to compare products in the market.

“The ACCC is granting these exemptions as an acknowledgement of the intense resource requirements of the industry as a result of the COVID-19 pandemic, and in particular non-major banks that may not be able to prioritise this at this time,” ACCC Commissioner Sarah Court said.

“We understand that financial providers are dedicating many resources at present to support their customers, however we do encourage providers to share product reference information on a voluntary basis if they are in a position to do so,” Ms Court said.

Further consultation on Consumer Data Right Rules

A revised draft of the Consumer Data Right Rules have also been published today.

The proposed amendments to the Rules include:

  1. clarifications on the types of accounts in scope for sharing consumer banking data
  2. new rules on the function of the Accreditation Register and Registrar
  3. rules relating to the use of the Consumer Data Right logo.

The proposed amendments following this consultation will come into effect from July 2020.

A copy of the draft revised Rules is available here: ACCC consultation on proposed amendments to the Competition and Consumer (CDR) Rules 2020

Release number: 
82/20
ACCC Infocentre: 

Use this form to make a general enquiry.

Media enquiries: 
Media team - 1300 138 917




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Consumer Data Right Compliance and Enforcement Policy released

8 May 2020

The ACCC and the Office of the Australian Information Commissioner (OAIC) today jointly released the Compliance and Enforcement Policy for the Consumer Data Right.

The Policy outlines the approach that the ACCC and the OAIC have adopted to encourage compliance with, and address breaches of, the Consumer Data Right regulatory framework. The Policy has been developed following consultation with current and future data holders and recipients.

‘‘The Consumer Data Right is an important reform that will give consumers greater access to and control over their data,” ACCC Commissioner Sarah Court said.

“With this important reform come significant and serious safeguards.”

“It is the responsibility of each Consumer Data Right participant to be fully aware of their regulatory obligations or face scrutiny by the ACCC and the OAIC,” Ms Court said.

“Today’s release of the Compliance and Enforcement Policy helps clarify these obligations as people prepare to participate in the Consumer Data Right from July 2020.”

The ACCC and OAIC have adopted a strategic risk-based approach to compliance and enforcement, which focuses on building consumer confidence in the security and integrity of the Consumer Data Right system.

“My office and the ACCC will work in partnership to monitor and actively enforce participants’ compliance with their regulatory obligations, including the privacy safeguards,” Australian Information Commissioner and Privacy Commissioner Angelene Falk said.

“A strong regulatory framework is in place to protect privacy and build public confidence in the Consumer Data Right, and the Compliance and Enforcement Policy released today provides increased certainty about how we will uphold these consumer protections.”

“Economic reforms like the Consumer Data Right which build consumer confidence in the use of their personal information and encourage innovation will be critical to our recovery after the COVID-19 outbreak,” Commissioner Falk said.

The ACCC and OAIC will regularly review the Compliance and Enforcement Policy so that it continues to reflect best practice regulation and evolves with the Consumer Data Right regime.

A copy of the Compliance and Enforcement Policy is available online.

This media release was jointly issued with the Office of the Australian Information Commissioner.

Background

Principles

The ACCC and OAIC will adopt a strategic risk-based approach to compliance and enforcement which recognises the joint regulatory model and a requirement to deal with breaches of the legislation efficiently and effectively. Both agencies will act with integrity, professionalism and in the public interest, guided by the principles of accountability, efficiency, fairness, proportionality and transparency.

Compliance monitoring tools

The ACCC and OAIC will use a wide range of information sources and monitoring tools to assess compliance and identify potential breaches of the Consumer Data Right legislation (including Privacy Safeguards), Consumer Data Right Rules and Data Standards. These sources and tools will include:

  • stakeholder intelligence and complaints
  • business reporting, which will include summaries of Consumer Data Right complaint data
  • audits and assessments
  • information requests and compulsory notices.

Enforcement options

There are a range of enforcement options available to respond to and resolve breaches of the Consumer Data Right legislation (including the Privacy Safeguards), Consumer Data Right Rules and Data Standards. These include:

  • administrative resolutions, whereby a business provides a voluntary written commitment to address a non-compliance issue
  • infringement notices and court-enforceable undertakings
  • suspension or revocation of accreditation by the ACCC (as the accreditor)
  • determination and declarations, using the OAIC’s power to make a determination following an investigation, to either dismiss or substantiate a breach of a Privacy Safeguard or Rule relating to the privacy or confidentiality of Consumer Data Right data
  • court proceedings (which may result in penalties, injunctions and other orders).
Release number: 
93/20
ACCC Infocentre: 

Use this form to make a general enquiry.

Media enquiries: 
Media team - 1300 138 917
Audience




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A Constipation Remedy Using Potassium and Prunes

Learn how to use potassium to eliminate constipation. By using a natural fruit and potassium, you can strenghten your colon and get constipation relief.




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A Constipation Home Remedy - Cayenne

Cayenne is a constipation home remedy that is effective in producing peristalsis in your colon and aids digestion. It can be used regularly at every meal and when needed for constipation. Cayenne pepper is known to help thin the blood. Learn more about this powerful herb and how it can help your heart.




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How Sesame and Sunflower Seeds Can Relieve Constipation

Here are to simple seeds that you can use to add special nutrition to your body and at the same time gain relief from constipation. Discover how to prepare these seeds so you can become regular.




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Constructing an All-Weather Mutual Fund Portfolio

While screening tools readily provide performance data and make the task of identifying top mutual funds relatively easy, there is more to constructing an all-weather portfolio than screening for the top funds.




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Advergames Build A Unique Brand Experience With Consumers

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Hosting Your Own Web Server: Things to Consider

This article details things to consider when readying and preparing to host your own web server. This is an informative guide to follow before making the purchase of an web server.




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Have You Ever Considered a Garden Inside Your House?

Citation Twitter Find more on this here. More like this article. Keywords: Hydroponic systems for sale, Best way to grow indoors, Indoor grow cabinet, Best way to grow indoors, Grow box, Grow cabinets.

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  • Food and Drink

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Why You Should Consider An Herbal Colon Cleanse

Herbal colon cleansing may decrease the risks of developing certain health problems. Many people who are affected by a health condition have found that cleansing can help their body rejuvenate itself naturally.




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Abortion and the Conscience of the Nation

President Ronald Reagan writes a brief essay on abortion.




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The Pros and Cons of In-Vitro Fertilization

Modern science and medicine has made it possible for many women to conceive that otherwise would be unable to bear children. If you are considering anything other than a natural pregnancy, explore the pros and cons of in-vitro fertilization first.




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The Consumer Push for the Camera Phone

The Consumer Push and Drive for the Camera Phone




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Pros and Cons of Camera Cell Phones

All the major phone manufacturers are cashing in on the ever increasing market in camera phones. Companies such as Nokia, Siemens, Motorola and many more have seen their profits sore since the introduction of the camera cell phone.




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Is Now the Time to Consider Getting Dental Implants?

More like this Twitter More on this. More. Keywords: La mesa all in four, Find cosmetic dentist, La mesa best teeth bleaching, La mesa teeth whitening review, La mesa free cosmetic dentistry, La mesa teeth in an hour cost.

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Free Debt Consolidation Services - Are There Any Risks Involved?

Take these steps in free debt consolidation service providers to insure you aren't the victim of a scam artist.




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Need to reduce debt? Consider a home equity loan.

High interest rates take a long time to pay off. Consider a home equity loan and get rid of high interest burdens.




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Adverse Credit Debt Consolidation Loan to Mitigate Ills of Bad Credit

An individual's credit rating plays a key role while borrowing money from the loan market. It becomes difficult to get a loan when you have adverse credit rating. Adverse credit debt consolidation loan can work as an effective solution in this case. It helps in consolidating a borrower's debt into one affordable loan at better terms. Read the article to know how an adverse credit debt consolidation loan can help you get out of debts.




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Debt Consolidation Tips: An "All in one" Guide!

Debt Consolidation loans merge all your debts and bills into a single payment. This means, that if you have several monthly payments or a number of different loans, you can make things easier by consolidating them and taking one single loan to pay off the total debt. Debt Consolidation loans reduce your monthly payments by lowering the interest rate or extending the repayment period or sometimes both. Debt Consolidation Loans are ideally offered to those who are unable to manage their monthly payments. They are a good option for you to reduce your debts and gradually move to a debt free life.




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Debt Consolidation - Not Always Right Solution

Debt consolidation can save you from debt problems, can improve your credit score and save you thousands of dollars. However...




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Four Things to Consider When Searching for Eco-Friendly Exterior Lighting Options

Learn more Twitter More on this topic. Find more. Keywords: Post clocks, Large outdoor lighting fixtures, Outdoor street clocks, Best outdoor lighting fixtures, Street light post, Outdoor pole lighting fixtures.

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Equipment and Construction Considerations for Your Music Studio

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The post Equipment and Construction Considerations for Your Music Studio appeared first on RSS News Feed.



  • Arts and Entertainment

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Zia Consulting Awards ASG Technologies 2019 Partner of the Year

Inaugural Partner of the Year award given to Zia's newest content services technology partner.




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Announcing the World's First and Only Water Shade Canopy Float Kit for Consumer Pop Up Canopies

Until now, standard consumer pop up canopies have been stuck on the shore, but Water Shade LLC has the solution to make your pop up canopy / portable shade float on the water. Introducing The Water Shade Canopy Float Kit!




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LGBT Tourism: Argentina Consolidates Its Growth In A New Edition Of GNETWORK 360

The Country Presented The Latest Trends In The Largest Meeting Of The Segment In Latin America




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Discovering a Dog's Allergies Can Save Consumers Thousands of Dollars in Medication and Vet Bills and Help Contribute to the Well-being of our Pets

Now there is an easy, at-home, cost-effective test to discover the sensitivities that may be causing a dog discomfort. A new consumer test will measure a dog's immune system against 150 food and environmental factors.




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Corporate Whistleblower Center Now Urges A Drug or Medical Device Company Employee to Call Them About Whistleblower Rewards If their Employer Has Not Informed Consumers About Deadly Side Effects

The Corporate Whistleblower Center is urging an employee of a drug or medical device company to call them anytime if they can prove their employer is concealing harmful or deadly side effects because this kind of information could be worth millions.




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Mehalic Law PLLC Launches New Website for Consumer Law, Lemon Law, and Personal Injury Cases

Attorney Jeff Mehalic serves clients in Morgantown, Wheeling, Martinsburg, and nearby West Virginia




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Construction has begun on HarborChase of Stuart

A new 127,798 square-foot assisted living and memory care community in Stuart, Florida




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Construction Begins on Maumee Pointe Assisted Living and Memory in Maumee, Ohio

The new $11.7 million senior living community will be a first of its kind within Maumee city limits




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THINGS TO CONSIDER WHEN RENOVATING A HISTORICAL HOME

When renovating an older home you may decide you want to keep the flavor of the time when the home was built. That could involve one of many decisions, from decor to paint all the way to the kinds of hardware (like doorknobs and cabinet handles) you install. There are a lot of decisions and […]

The post THINGS TO CONSIDER WHEN RENOVATING A HISTORICAL HOME appeared first on rssfeedaggregator.




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The Answer Company Recognized on Business in Vancouver's Top 100 Fastest-Growing Companies in B.C. 2019 List for Second Consecutive Year

Robust company culture and a 25-year track record of propelling companies forward continue to drive success at the leading business management software & technology consulting firm.




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How to Clearly Articulate What You or Your Brand Do: Clarity Consultant Steve Woodruff on Marketing Smarts [Podcast]

Potential customers or clients don't buy what they don't understand, which is why clarity is so important. Clarity consultant Steve Woodruff offers insights on how to connect your brand with its purpose, with its message, and with people--an




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Consumers Sit Down with Consumer Choice Award winner: James Lynch from Commissionaires Newfoundland and Labrador

As CEO, James Lynch is responsible for over 700 employees across the Island and into Labrador. Commissionaires NL is a company specialized in security and investigative services, serving the provincial region. Commissionaires NL is a 4 year winner.




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Consumers Sit Down with Matt O'Brien from Niagara Hamilton Fitness Solutions

Niagara Hamilton Fitness Solutions is a company specialized in quality fitness equipment sales & service, servicing the Golden Horseshoe region. Niagara Hamilton Fitness Solutions wins this year its 1st Consumer Choice Award!




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Peel Region Consumers Meet With Elma Ducic from Hawkestone Crossfit

HAWKESTONE CROSSFIT is a first-year Consumer Choice Award winner in the category of Fitness Centre in the Peel Region. The company has been in business since 2013 and is Peel Region leading Crossfit Fitness Centre.




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Consumers Sit Down with Frederick Lai from All About Eyewear Optical

All About Eyewear Optical specializes in distributing brand name eyewear and providing excellent service, servicing the Bedford, Nova Scotia and Halifax, Nova Scotia region. All About Eyewear Optical wins its first Consumer Choice Award.




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North Vancouver Consumers Sit Down with Pavan Avinashi from Hollyburn Eye Clinic

Hollyburn Eye Clinic is a company specialized in ocular and visual health & eyewear, servicing the North Vancouver region. Hollyburn Eye Clinic wins this year its first Consumer Choice Award.




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Consumers Sit Down with Dr. Barry Winter from Dr. Barry Winter and Associates

Dr. Barry Winter and Associates is specialized in a wide spectrum of eye health care & provision of spectacles and contact lenses, servicing Peel, Etobicoke & GTA region. Dr. Barry Winter and Associates wins this year its 2nd Consumer Choice Award




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GTA Consumers Meet With Sunder Palani from Leslieville Geeks

Leslieville Geeks is a first-year Consumer Choice Award winner. The company has been in business since 2012 and is Toronto's leading TV & Speaker Installation, Home Theatre Design, Meeting Room Solutions, HDMI and CAT6 Wiring Service Provider.




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Atlantic Pro DJ Services Wins Best in Halifax at This Year's Consumer Choice Award Winner 2018!

Atlantic Pro DJ Services is an eight-year Consumer Choice Award winner in the category of Audio Visual Service, in the region of Halifax. The company has been in business since 2001 and is the leader in Audio Visual And DJ Services.




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The Atlanta Pitch Summit, Goes International, And Debuts Its Return To The City of Atlanta on November 15, 2018 With The Support of The Consulate General of the Bahamas An Opening Night Movie Premiere

Featuring Actor/Philanthropist, Jimmy Jean Louis




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Koincable Gives Consumers a Quick Look on the Quality Control of HDMI Cables

Koincable shares what happens inside their factory during the quality control process to make sure that all products meet the required specifications.