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.
November 22, 2017
Let’s talk Ownership & Security. With many investments intermediaries exist between you and actual ownership of the underlying asset. In almost every instance when you buy shares, bonds, or funds from a broker, for example, your name is not actually on the share or bond certificate. As FINRA says on their website, “When an investor…
November 17, 2017
Let’s be clear, Security is critical, even when you’re small One of the toughest challenges for a small company or start-up is security. Small businesses can’t afford security…but they can’t afford to be INsecure! A breach or fraud, at the formative stages of a new business, is generally fatal; if the law suits don’t kill…