The increased reliance on digital communication and online banking has created greater potential for digitally-enabled scams. If not appropriately addressed, scam losses may undermine confidence in digital systems, resulting...more
4/24/2025
/ Australia ,
Banks ,
China ,
Consumer Protection Laws ,
Financial Institutions ,
Financial Services Industry ,
Hong Kong ,
Popular ,
Regulatory Requirements ,
Risk Management ,
Scams ,
Singapore ,
Telecommunications
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