The law allows banks to temporarily suspend illicit bank accounts without having to wait for a fraud to occur.
March 20, 2023Angela Ang considers findings from the first empirical study of crypto-related court cases in Australia, and what this means the crypto crime and enforcement landscape.
March 16, 2023"Near real-time" monitoring systems must be implemented that can detect and immediately freeze suspicious transactions, among other measures.
March 10, 2023Financial losses from crypto-related scams accounted for more than half of the total value lost through technology crime last year, police say.
March 9, 2023The ACCC has established a new taskforce that will focus on sustainability and its intersection with competition and consumer law.
March 8, 2023The government will allow the issuance of dual-class shares, expand tax deductions for listing expenses, and provide financing for SMEs.
March 3, 2023Planned legislative changes will include crypto-related phishing scams under the existing law on telecommunications-based financial fraud.
March 2, 2023MHA is also looking to introduce new provisions and penalties to the CDSA to make individuals more accountable and curb the abuse of Singpass.
February 23, 2023The big four will face questions about how they set interest rates, protect customers from scams, and support the flow of credit to small businesses.
February 21, 2023The government has asked ACMA to investigate different SMS sender ID register models that can help prevent scams and to report back to the government.
February 19, 2023