2017

J.P. Morgan recently was fined $1.25 million by the Financial Industry Regulatory Authority (FINRA) for failing to conduct “timely or adequate background checks” on about 95% of its registered associated persons.

The company failed to fingerprint 2,000 of its non-registered associated persons in a timely manner, preventing the firm from determining whether those persons could have been deemed unsuitable to work at the firm. In addition, the firm limited its screening to criminal convictions specified in federal banking laws and an internally created list for other non-registered associated persons. In total, FINRA alleged J.P. Morgan did not appropriately screen 8,600 individuals for all felony convictions or for disciplinary actions by financial regulators.

A former bodyguard of President Jacob Zuma, who was accused of submitting a fake matric certificate to the South African Police Service (SAPS), has been appointed as the acting head of crime intelligence.
 
In a statement, Police spokesperson Vishnu Naidoo said King Bhoyi Ngcobo brings to the position a “wealth of policing experience”. Ngcobo was previously Head of VIP Protection Services, and was one of President Jacob Zuma's most trusted bodyguards for more than 20 years.
 
In February, City Press reported that Ngcobo was promoted to Head of VIP Protection Services, despite not having the required NQF Level 6. In addition to his protection services role, Ngcobo is a former crime intelligence officer.

How does Australia's Privacy Act compare with the GDPR?
 
The Privacy Act is the foundation of Australia's national privacy regulatory regime, and is intended to provide a basis for nationally consistent privacy regulation, facilitate the free flow of information outside of Australia while ensuring that individual privacy is respected, provide a complaint mechanism, and to implement Australia's international privacy obligations.
 
Differences between the Privacy Act and the GDPR can be seen in open and transparent management of personal information, anonymity and pseudonymity, collection of solicited personal information, dealing with unsolicited personal information, notification of the collection of personal information, use or disclosure of personal information, direct marketing, cross-border disclosure of personal information, access and correction of personal information, and more.