All posts tagged "buy-now-pay-later"
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405MalaysiaMalaysia to Enact New Consumer Credit Act in 2022 – Reports
The Consumer Credit Act will provide a regulatory framework for the issuance of consumer credit and strengthen oversight of non-bank credit providers.
November 18, 2021 -
959Australia & NZAustralia Launches ‘Buy Now Pay Later’ Code of Conduct
The code makes AFCA membership compulsory and incorporates ASIC’s new design and distribution obligations regime.
February 27, 2021 -
738Australia & NZAustralian Treasury Seeks Feedback on Payments System Regulation
The paper seeks views on the adequacy of the current regulatory architecture for developments such as stablecoins, cryptocurrency, digital wallets, stored value facilities and open banking.
November 24, 2020 -
718Australia & NZ‘Buy Now Pay Later’ Consumers Suffering Harm: ASIC
About 20% of consumers cut back on or went without essentials such as meals in the last 12 months in order to make their buy now pay later payments.
November 17, 2020 -
1.2KAustralia & NZ
Underinvestment in Data, Tech a Root Cause of Breaches: ASIC
Underinvestment in data and technology systems creates operational risks, delays in picking up problems, and costly remediation programmes, says ASIC commissioner Sean Hughes.
November 16, 2020 -
811Australia & NZ
ASIC Amends Proposed Intervention Order for Continuing Credit Contracts
The changes to the product intervention order proposed in July are to address unintended consequences identified in an earlier consultation.
November 12, 2020
