Australia has a strict regime of regulations that govern the delivery of goods and services and the conduct of companies that are based here and has a number of regulatory bodies that enforce them.

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 Privacy Act of 2008 is an Australian law which regulates the handling of personal information about individuals. SendGold has developed a stringent privacy policy that is 100% in compliance with the Privacy Act. You can review that policy here.

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.

Mark Pey

January 15, 2019

Why Gold in 2019 according to The World Gold Council "As we look ahead, we expect that the interplay between market risk and economic growth in 2019 will drive gold demand. And we explore three key trends that we expect will influence its price performance: financial market instability, monetary policy and the US dollar, and structural economic…

Steve Wilson

December 17, 2018

Public blockchain consensus algorithms create order out of chaos. They literally produce an agreed ordering of real-time entries on a shared ledger, in a special case where we choose to have no administrator, thus creating an official account of all transactions. But do you actually need Consensus “Consensus” is a beguiling property of blockchain which…

In the News

Jodi Stanton

August 28, 2018

SendGold investor and advisor, Ken Chapman, says digital gold is the solution for investors who want to hold physical gold but don’t want all the problems that come with storing it. “Our goal was to provide a friction-free digital experience of the physical asset gold,’’ says Steve Wilson, SendGold Chief of Security.…

Source: Indian Sun

Jodi Stanton

August 24, 2018

NOTHING could be more symbolic of the late 2010s internet culture than a crowd-funded, mobile phone-based application that harnesses the vibe of Bitcoin and the ‘excitement’ of the Pokemon Go fad, but that’s exactly what start-up SendGold is doing by developing a payment platform backed by physical gold.

Source: Mining News

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