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ARTICLE · 04 JUNE 2026

Developing The Scams Prevention Framework: Treasury Consults On Draft Rules And Codes

Corrs Chambers Westgarth
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With Treasury now defining the scope of the SPF and core requirements that entities will need to comply with, regulated entities should assess whether they can meet these new obligations and actively consider how they engage with Treasury in the consultation.

AustraliaMedia, Telecoms, IT, Entertainment
Caroline Marshall
Caroline Marshall
Eugenia Kolivos
Eugenia Kolivos
Lucinda Hill
Lucinda Hill
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The Federal Government has now designated the banking, digital platforms, and telecommunications sectors under Australia’s new Scams Prevention Framework (SPF), which will come into full effect from 31 March 2027. This designation was accompanied by a Treasury consultation on a suite of draft codes and rules designed to implement substantive obligations for these sectors under the SPF. 

With Treasury now defining the scope of the SPF and core requirements that entities will need to comply with, regulated entities should assess whether they can meet these new obligations and actively consider how they engage with Treasury in the consultation. 

The consultation is open until 25 June 2026.

Operation of the SPF

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