Scam victims want compensation as HSBC settles ASIC action

Scam victims want compensation as HSBC settles ASIC action

From Law Report by ABC Australia

April 28, 2026 · 29 min

About this episode

The episode discusses the calls for compensation from scam victims following HSBC's settlement with ASIC and examines the effectiveness of Australian laws against sophisticated scams.

The Law Report speaks to victims who are calling for the banking giant to compensate them, and asks, how effective are Australian laws in dealing with sophisticated scams?

People in this episode

Guest: scam victims

Topics covered

  • scams
  • banking
  • compensation
  • Australian laws
  • financial regulation

Keywords

  • scam victims
  • HSBC
  • ASIC
  • compensation
  • Australian laws
  • financial scams
  • banking regulations

Mentioned in this episode

Organizations: HSBC, ASIC

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