The ACCC said ING Bank was not capable of receiving consumer data requests from accredited data recipients within the required timelines.
December 19, 2022Maximum penalties for companies can be as high as A$50mn, three times the benefit derived from a breach, or 30% of annual turnover.
November 3, 2022The maximum penalties for breaches of competition and consumer laws companies are being raised five-fold for both individuals and corporates.
August 23, 2022A bespoke framework for ICOs can provide regulatory clarity and encourage economic activity, but the costs and benefits must be weighed, says a paper from Australia's Treasury.
February 6, 2019Regulator warns that Australian corporate and consumer law applies, even for overseas ICOs, if Australian consumers are affected.
May 3, 2018