SMS scams: mobile companies could face fines of up to $250,000 under new Australian code

New regulations require scam messages to be traced, identified and blocked and for information to be shared with authorities

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Mobile phone companies could face up to $250,000 in fines for failing to comply with a new code to block SMS scam messages.

The code, registered by the Australian Communications and Media Authority (Acma) on Tuesday, will require the companies to trace, identify and block SMS scam messages, and publish information for customers on how to identify and report scams.

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