Post by HWLE Lawyers

Australia’s proposed Scams Prevention Framework (SPF) marks a significant shift in how scam risk is regulated across banks, telcos and digital platforms. Andrew Galvin and Yvonne C. discuss draft rules now out for consultation, the framework introduces mandatory prevention systems, cross-sector coordination, and enhanced dispute resolution, alongside a notable move toward shared liability and potential reimbursement for scam losses. With consultation closing 25 June 2026, now is the time for organisations to assess impacts and prepare for 2027 implementation.   Click here to read more: https://lnkd.in/gTiyZxVU