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Showing 1 - 10 of 124 results for "Prevention"

HSBC Bank fined $35m in landmark scam-protection failures

KARREN VERGARA  |  FRIDAY, 19 JUN 2026
... with ASIC, which recognises our customer redress program and the significant enhancements made to our fraud and scam prevention, detection and response," a HSBC spokesperson said.

ASIC moves to strengthen defences against financial scams

VINNY VUCAGO  |  WEDNESDAY, 17 JUN 2026
... also encouraging businesses targeted by impersonation scams to utilise new online resources designs to support scam prevention and response efforts.

Treasury releases adverse genetic test results ban draft regulation

KARREN VERGARA  |  TUESDAY, 9 JUN 2026
... financial services Daniel Mulino said genetic testing is an important tool that can save lives through early detection and prevention. "Australians should be able to access this testing with confidence, without concern it could limit their access to ...

Super funds push back on CSLR: SMC

VINNY VUCAGO  |  TUESDAY, 2 JUN 2026
... payments to be limited to actual losses, and stronger consumer protection reforms to reduce future claims on the scheme. "Prevention is always better than clean-up. Nothing short of large-scale consumer safety reforms that comprehensively lift the bar ...

AFCA names inaugural chief scams officer

MATTHEW WAI  |  THURSDAY, 26 MAR 2026
... possible service." AFCA's external dispute resolution service will be a key component of the government's Scams Prevention Framework and introduces an expanded area of responsibility for AFCA, requiring additional capabilities, systems and cross-sector ...

AFCA expands scam-related complaints, publication rules

KARREN VERGARA  |  FRIDAY, 13 MAR 2026
... jurisdiction is a critical interim step to strengthen consumer protections ahead of the full implementation of the Scams Prevention Framework," AFCA said. Some changes to paid representatives took effect. Under new rule B.6.5(a), where a paid representative ...

AFCA expands C-suite with three hires

ELIZA BAVIN  |  TUESDAY, 3 MAR 2026
... to build on the strong foundations already in place as we move into our next phase of growth." AFCA said the Scams Prevention Framework will introduce a new line of business requiring new capabilities, systems and cross-sector coordination. AFCA confirmed ...

Advisers at the forefront of elder financial abuse prevention

KARREN VERGARA  |  FRIDAY, 20 FEB 2026
Often on the frontlines of dealing with an ageing client base, financial advisers have the obligation to identify, safeguard and respond to elder and financial abuse. This is according to Pitcher Partners client director of estate planning Anna Hacker ...

Super trustees told to up fraud protection game

MATTHEW WAI  |  WEDNESDAY, 4 FEB 2026
... responsibility to oversee risk and ensure these emerging threats are identified and managed actively. Yet scam and fraud prevention, detection, and response capabilities are still not sufficiently addressing risks to members." ASIC highlighted the concerns ...

Advisers 'positioned to thrive' in 2026

ANGELIQUE MINAS  |  THURSDAY, 15 JAN 2026
... pushing the compensation on the advisers and businesses who are acting in their clients' best interests," she said. "Prevention of these failures is far better than addressing the fallout." When it comes to regulatory growing pains, the Compensation ...
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