In response to the growing threat of financial scams, the Australian Government has passed the Scams Prevention Framework Bill 2025. The Scams Prevention Framework (SPF) imposes a range of obligations on entities operating...more
2/24/2025
/ Australia ,
Banking Sector ,
Consumer Protection Laws ,
Financial Crimes ,
Financial Regulatory Reform ,
Fraud ,
Regulatory Requirements ,
Scams ,
Social Media ,
Telecommunications ,
UK
In response to growing concerns regarding the financial and emotional burden of scams on the community, the Australian government has developed the Scams Prevention Framework Bill 2024 (the Bill). Initially, the Scams...more
In December 2024 the Parliamentary Joint Committee on Corporations and Financial Services (the Committee) published a Report following an inquiry into how well the existing financial services regulatory framework is...more
2/5/2025
/ Australia ,
Consumer Privacy Rights ,
Data Privacy ,
Data Protection ,
Financial Abuse ,
Financial Institutions ,
Financial Regulatory Reform ,
Financial Services Industry ,
Privacy Laws ,
Regulatory Agenda ,
Risk Management