[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:
http://www.asic.gov.au/asic/asic.nsf/byheadline/List-of-EFT-Code-members-A-H?openDocument
>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
>
>
>
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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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