Australian Property Law
The rights of private property owners are enshrined in the Australian Constitution, confirming Australia as a “Common Law” country with property rights protections built up over centuries of law back to the Magna Carta in the year 1215. Under this body of law it is absolutely illegal, on both a State and Federal level, for the government to confiscate someone’s private property without due process.
The independent international Property Rights Alliance gives Australia one of the highest scores in the world (8.24) for its property rights protections. By comparison, the United States receives a score of 8.07, Germany a score of 7.95, China a score of 5.71, and India a score of 5.56.
The Australian Competition and Consumer Commission (ACCC)
Under Australian Consumer Law, when you buy products and services they come with automatic guarantees that they will work and do what you asked for. These guarantees include your rights to a replacement or refund as well as compensation for damages and loss.
SendGold is 100% compliant with all aspects of Australian Consumer Law.
The Australian Securities and Investments Commission (ASIC)
ASIC is an independent Australian government body that acts as Australia’s corporate regulator. ASIC’s role is to enforce and regulate company and financial services laws to protect Australian consumers, investors and creditors.
SendGold is 100% compliant with ASIC guidelines.
The Australian Privacy Act of 2008
The Australian Transactions Reports and Analysis Centre (AUSTRAC)
AUSTRAC is Australia’s anti-money laundering regulator responsible for the provisions of the Anti-Money Laundering Act of 2006. SendGold operate a comprehensive anti-money laundering program monitored by AUSTRAC. Our AUSTRAC designated service number is 100529055.
SendGold is Obsessed with Quality
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June 24, 2019
Ever since their official emergence in 2009, cryptocurrencies have been at the centre of many debates in the financial and technology sectors. With Facebook’s recent announcement of its own cryptocurrency, Libra, it seems that we’ve progressed to the next step: digital money for all. Yet, Facebook’s status as one of the largest social media platforms…
November 22, 2018
The recent drop in cryptocurrency prices was triggered in part by the strong actions announced by the U.S. SEC clarifying that market functions like custody and asset exchange are subject to strict enforcement of securities laws regardless of which software mechanisms are being used. We think these actions by the SEC are an overdue and…
In the News
August 23, 2018
SendGold, an asset-based peer-to-peer digital money platform, has launched an equity crowdfunding campaign to raise $2 million. The fintech is an alternative to bank money, allowing customers to save, invest, gift and pay using gold. The equity crowdfunding offer is live via the OnMarket platform until September 14.
Source: Business Insider Australia
August 1, 2018
SendGold CEO Jodi Stanton has been through the blockchain roller coaster over the last five years, and has the scars to prove it. Today, her young company, SendGold, is live in ten countries in various forms across Asia-Pacific, delivering digital gold money to anyone with a mobile phone, and does so without…
Source: Australian Business Executive