Site Changes

On 1 November 2010 the Office of the Privacy Commissioner was integrated into the Office of the Australian Information Commissioner and a new website established at www.oaic.gov.au.

Note 1: Major changes to the Privacy Act 1988 will come into effect in March 2014. Agencies, businesses and not for profits need to start preparing for these changes. For more information go to our privacy law reform page at www.oaic.gov.au
Note 2: From 12 March 2013 content is no longer being added to, or amended, on this site, consequently some information may be out of date. For new privacy content visit the www.oaic.gov.au website.

How does personal information for AML/CTF purposes need to be stored?

Reporting entities must protect the security of the information they hold. This might mean taking measures regarding physical and personal security and also protecting computer, network and voice systems from misuse and loss and from unauthorised access. When personal information is no longer needed the reporting entity should securely destroy the information or de-identify it.