[LINK] Questions about the New ePayments Code

Roger Clarke Roger.Clarke at xamax.com.au
Mon Oct 24 09:40:49 AEDT 2011

At 9:23 +1100 24/10/11, Kim Holburn wrote:
>I don't suppose they mention bitcoin.

Is the company-name also Bitcoin?

If so, then no:

>On 2011/Oct/24, at 8:20 AM, Roger Clarke wrote:
>>  [This news is a month old, but it only just reached me, and I've not
>>  seen it reported.]
>>  RIP the ETF Code of Conduct 1986-2013.
>>  ASIC issued a replacement code on 20 Sep 2011, called the ePayments
>>  Code, said to follow "widespread consultation between ASIC, industry
>>  and consumers".
>>  "A major objective of the review was to ensure the Code covers all
>>  consumer electronic payment products, not just those from traditional
>>  banking organisations".  The Media Release trumpeted the news that
>>  PayPal "has agreed to sign up ... by the end of the transition period
>>  which is 20 March 2013".
>>  The Code encompasses "ATM, EFTPOS, debit and credit card transactions
>>  (including contactless transactions), online payments, internet
>>  banking and BPAY".
>>  It's unenforceable.  But the EFTS Code of Conduct has been (almost
>>  entirely?) respected by those organisations that had signed up to it.
>Kim Holburn
>IT Network & Security Consultant
>T: +61 2 61402408  M: +61 404072753
>mailto:kim at holburn.net  aim://kimholburn
>skype://kholburn - PGP Public Key on request
>Link mailing list
>Link at mailman.anu.edu.au

Roger Clarke                                 http://www.rogerclarke.com/

Xamax Consultancy Pty Ltd      78 Sidaway St, Chapman ACT 2611 AUSTRALIA
                    Tel: +61 2 6288 1472, and 6288 6916
mailto:Roger.Clarke at xamax.com.au                http://www.xamax.com.au/

Visiting Professor in the Cyberspace Law & Policy Centre      Uni of NSW
Visiting Professor in Computer Science    Australian National University

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