Sympli

Yesterday, Sympli's Paul Atkinson joined our friends at InfoTrack AU for their AML/CTF roadshow.

Paul Atkinson will be attending several more of InfoTrack's upcoming events across NSW, so come and say hello and find out how Sympli can support you in your practice. Dates for future NSW events include:

Tuesday March 10th - Sydney CBD
Tuesday March 24th - Parramatta
Wednesday March 25th - Cronulla
Thursday March 26th - Wollongong

Ready-Set-Go AML/CTF Roadshow - InfoTrack
https://lnkd.in/gUQuHR4A

Sympli welcomes the Senate Inquiry report into competition & resilience reforms in eConveyancing by the Parliament of Australia Senate Standing Committee on Economics.

Link: https://lnkd.in/gWWzCdEK

Please see our statement here:
https://lnkd.in/gbgGsNYr

This paragraph from the committee conclusion is key:
'The committee also understands the concerns raised in evidence about the risks and downsides of a monopolised e-conveyancing market. The committee was very mindful of the evidence provided by the ACCC and other witnesses about the risks of monopolies. Having carefully considered the various perspectives presented in this inquiry, it is clear to the committee that greater competition is needed in the e-conveyancing sector"

The committee also noted:
"The committee also has some concerns about PEXA’s behaviour throughout this process. The committee found the evidence provided by numerous parties, that PEXA’s claims of intellectual property were ‘thin’, to be concerning. The committee also notes that PEXA has not made any patent claims over the intellectual property it claims to have"

Now, on the basis of the ARNECC reviews it is time to deliver this reform and benefits to consumers & small businesses.

It was great to facilitate Queensland Government & Titles Queensland engaging directly with legal practitioners at a customer roundtable.

Thank you to all the attendees at today's conversation about competition and resilience in property settlement.

It was an insightful dialogue offering perspectives about experiences from today's market and opportunities for the future with ELNO interoperability.