Payments & E-Money regulatory updates from Australia.
Harvey Norman and Latitude ordered to pay combined $55 million penalties for misleading customers
$35 million penalty sought as HSBC admits to scam protection failures, and implements compensation plan
Federal Court orders $35 million penalty against HSBC for scam protection failures
Australia well-placed to unlock opportunities from innovation in the financial system
Mecca companies pay $594,000 in infringement notices for failing to lodge financial reports on time
ASIC imposes licence conditions on Corpay subsidiary following compliance failures
BPS Financial to pay $14 million in penalties over crypto Qoin Wallet
ASIC sues former Electro Optic Systems Holdings director and CEO Ben Greene for breach of director’s duties
Defence systems manufacturer Electro Optic Systems Holdings admits to breaching continuous disclosure requirements