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ARTICLE · 23 DECEMBER 2021

Transforming Australian payments system: Government responds to payments system regulation recommendations

Corrs Chambers Westgarth
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The Australian government has affirmed its commitment to significantly reform the regulatory framework.

AustraliaFinance and Banking
Steven Rice
Steven Rice
James North
James North
Phillip Catania
Phillip Catania
Mizu Ardra
Mizu Ardra
Chenjie Ma
Chenjie Ma
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Last week, the Australian Government released its much awaited response to recent inquiries into the Australian payments system. The Government affirmed its commitment to significantly reform the regulatory framework. We discuss the Government's key responses to the law reform proposals in these inquiries and implications for industry.

The Government's Response (Response), which can be found here, addresses the following inquiries.

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