Gadens Breach Manager is a cloud-based solution designed to help organisations within the financial services and insurance sector manage the depth and breadth of mandatory breach reporting obligations.
Powered by Lawcadia’s technology, the Gadens Breach Manager streamlines the information collation, assessment and reporting process of potential regulatory issues to one online platform, allowing financial services institutions to ensure defensible, timely and cost-effective compliance with the new regimes and regimes with increased obligations, including BEAR/FAR, ADI, AFSL and ACL obligations, AML/CTF, Privacy, Design & Distribution, COBCOP & GICOP.
The culmination of 600+ hours of regulatory research and navigation of 2000+ provisions, civil and criminal penalties, exemptions, and significance tests intuitively incorporated, Gadens have developed a solution that has all the necessary tools and instruments required to investigate and report potential breaches. It also clearly incorporates the four arms of significance: material loss and damages, misleading and deceptive conduct, civil and criminal penalties, and otherwise significance tests.