CCLSWA was pleased to provide written submissions to ASIC in response to ASIC’s further consultation into the review of the ePayments Code (Code).
Our submission broadly supports the need for amendments to the Code for the purpose of clarity and simplicity. However, the focus of our submission is the proposed removal of certain scams from the Code.
Our deep concern with the proposed changes to the Code is that consumers will no longer have an avenue for redress where they have been the victim of certain types of scams, through either the Code’s mistaken internet payment, or unauthorised transaction provisions.
You can read our full submission here.