ACCC allows ABA, banks and retailers to support Armaguard
The ACCC has granted interim authorisation to allow ABA, banks and retailers to provide support to cash-in-transit business Armaguard.
ACCC
Australian Court sides with ACCC in proceedings against Master Wealth Control
ACCC, featured, Master Wealth Control
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The Federal Court has today found that Master Wealth Control Pty Ltd, trading as DG Institute breached the Australian Consumer Law.
ACCC fines HSBC for alleged breaches of Consumer Data Right rules
HSBC Bank Australia Limited has paid penalties totalling $33,000 after the ACCC issued it with two infringement notices.
ACCC proposes to authorise Australian banks to develop standards to combat scams
The ACCC proposes to grant authorisation with conditions until 30 June 2024 for Australian Banking Association Ltd (ABA) and its member banks.
Mastercard becomes accredited data recipient under Consumer Data Right in Australia
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Mastercard Asia Pacific Pte. Ltd. is now an accredited data recipient under the Consumer Data Right in Australia.
Australian regulator sweeps social media to identify misleading testimonials by influencers
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The ACCC has this week started a sweep to identify misleading testimonials and endorsements by social media influencers.
ACCC commences ANZ, Suncorp merger authorisation review
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The ACCC today commenced its formal consideration of ANZ Banking Group’s proposed acquisition of the banking arm of Suncorp.
Australian Court issues prison sentences for AUD/VND exchange rate fixing
ACCC, featured, Vina Money
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The sentences relate to price fixing of the AUD/VND exchange rate and the transaction fees charged to customers who were sending money.
Australians lose over $2 billion to scams in 2021
ACCC, Australia scams, featured, Scamwatch
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Australians lost a record amount of more than $2 billion to scams in 2021, the ACCC’s latest Targeting Scams report reveals.
Australians lose over $205M to scams in first five months of 2022
ACCC, featured, investment scams, Scamwatch
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Australians lost over $205 million to scams between 1 January and 1 May 2022, a 166% increase compared to the same period last year.
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