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Aggravated damages and the Protection of Personal Information Act

03 March 2016 | General

The Protection of Personal Information Act (which is best described as the Data Privacy Act and not a flower) permits a data subject to institute a civil action for damages where there has been a breach of the Act.

Over-insurance of valued property

24 February 2016 | General

The English high court held that the substantial over-valuation of a superyacht covered for fire under a valued policy was a material non-disclosure entitling insurers to reject the claim.

Many refunds for force-placed insurance

24 February 2016 | General

There have been a number of cases internationally where financial institutions have been obliged to refund policyholders for imposing force-placed insurance deals at the time of contracting for financial services.

Hacked private messages used in court

22 February 2016 | General

The high court has ruled that a civil litigant’s private Facebook messages, which were unlawfully obtained by the hacking of his personal account, were nevertheless admissible as evidence against him.

quick poll

Question

What do you believe will be the biggest challenge when the COFI framework is finally implemented?

Answer

The cost and complexity of relicensing Demonstrating customer outcomes through data and reporting Embedding a customer-first culture across the business Aligning existing compliance frameworks with COFI requirements

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