Thank you.
I'm just following up on my earlier line of questioning.
I'm sure you're familiar with this. In February 2025, Australia passed a scams prevention framework, which required banks, telcos and digital platforms “to prevent, detect, disrupt, respond to and report scams”.
ACMA—they are Australia's CRTC, as I'm sure you know, their telecom and media regulator—can now issue legally enforceable rules to carry out audits and impose multi-million dollar fines for non-compliance.
Would we require legislative change for you to have those powers? Would you find them useful in enforcing the directives you've put forward?
