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Aug 29, 2024 |
lexology.com | Ross McInnes |Matthew Spain |Katie Wood |Josh Krechman |William Maher
ASIC says co-ordinated effort to reduce scam losses is needed, after it surveys anti-scam practices of 15 non-major banks. Substantial work has been afoot in the scam prevention space since April 2023 when ASIC released Report 761 “Scam prevention, detection and response by the four major banks”, with a number of initiatives implemented between then and now.
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