February 2019 Newsletter

The ABA congratulates Sarah Court on her appointment as the new Chair of the Australian Securities and Investments Commission (ASIC). ABA CEO Simon Birmingham described this as a significant appointment and a landmark moment for Ms Court and Australia’s corporate regulator. “Sarah is an experienced regulator, having held numerous senior legal and regulatory enforcement positions… Read more »

Australia’s banks and finance firms are joining forces with Australia’s leading financial safety by design expert, to prevent financial abuse, with the launch of the Financial Safety Alliance.  The Financial Safety Alliance, founded by social enterprise Flequity Ventures, brings together the Australian Banking Association, the Australian Finance Industry Association, the Customer Owned Banking Association and Arca.  The Alliance will provide lenders with the… Read more »

E&OE Ali Moore: Yes, if you use a dating app, have you ever thought about how secure it is? And if you ever wondered about the sort of anti-scam regulations that they have to comply with, the big banks say that the rules are not tough enough for dating apps, as well as things like… Read more »