Additional SPF obligations expected

Date note: ASIC says 'expected to commence by the end of 2027'; exact date and content not set.

What changes

Further SPF obligations (including expanded intelligence sharing/reporting) expected.

What this means for your business

Fraud and scams: plan for scam-intelligence sharing with the ACCC and across sectors. Process: decide who owns sharing and reporting, and make sure your fraud data can be shared in a structured form. The exact date and content aren't set yet.

Who it applies to

Banks, Telcos, Digital platforms

Official source

https://www.asic.gov.au/regulatory-resources/scams/scams-prevention-framework