Our Commitment to Compliance
As an Australian-registered company operating a global digital marketplace, MOBEIUS TECHNOLOGIES PTY LTD is committed to maintaining the highest standards of regulatory compliance and corporate governance. We operate in full accordance with all applicable Australian laws, regulations, and industry standards.
Our compliance framework ensures that our platform operates legally, ethically, and transparently, protecting both our users and our business while fostering trust in the global scrap trading industry.
Compliance Status
Australian Business Regulations
ASIC Compliance
Fully registered with the Australian Securities and Investments Commission (ASIC) and maintaining active compliance with all corporate reporting and governance requirements under the Corporations Act 2001 (Cth).
ABN/ACN Registration
Maintaining active Australian Business Number (ABN: 49 693 656 932) and Australian Company Number (ACN: 693 656 932) registration with the Australian Business Register.
Taxation Compliance
Full compliance with Australian Taxation Office (ATO) requirements including GST registration, tax reporting, and all applicable taxation obligations.
Australian Consumer Law
Adherence to the Australian Consumer Law (ACL) to protect consumer rights, ensure fair trading practices, and maintain transparent marketplace operations.
Privacy & Data Protection
Australian Privacy Principles (APPs)
We are fully compliant with the Australian Privacy Principles under the Privacy Act 1988, ensuring the protection of personal information and user data. Our compliance includes:
- Open and transparent management of personal information
- Anonymity and pseudonymity options where appropriate
- Collection of solicited personal information only when necessary
- Proper handling of unsolicited personal information
- Clear notification of collection purposes
- Proper use and disclosure of personal information
- Direct marketing compliance and opt-out mechanisms
- Cross-border disclosure protections
- Adoption, use, and disclosure standards for government identifiers
- Quality and security of personal information maintenance
- Individual access to personal information
- Correction of personal information procedures
Data Security Standards
Implementation of robust data security measures including:
- Encryption of sensitive data in transit and at rest
- Regular security audits and vulnerability assessments
- Access controls and authentication mechanisms
- Incident response and data breach notification procedures
- Employee training on data protection and privacy
Electronic Commerce & Transactions
Electronic Transactions Act 1999
Our platform operates in full compliance with the Electronic Transactions Act 1999, ensuring that:
- Electronic transactions have the same legal validity as paper-based transactions
- Electronic signatures are legally recognized and enforceable
- Proper record-keeping of electronic communications and transactions
- Consent mechanisms for electronic communications
- Retention requirements for electronic records
Financial Compliance
Anti-Money Laundering (AML) Awareness
While Scrap Trade Online operates as a marketplace platform and not as a financial institution, we maintain awareness of and cooperate with Anti-Money Laundering and Counter-Terrorism Financing regulations. We:
- Verify the identity of all platform users
- Monitor for suspicious transaction patterns
- Maintain records of user verification and transactions
- Cooperate with law enforcement and regulatory authorities when required
- Educate users on responsible trading practices
Digital Accessibility
WCAG 2.1 Compliance
We are committed to making our platform accessible to all users, including those with disabilities. Our accessibility efforts include:
- Adherence to Web Content Accessibility Guidelines (WCAG) 2.1
- Keyboard navigation support throughout the platform
- Screen reader compatibility
- Appropriate color contrast ratios
- Alternative text for images and media
- Accessible form controls and error messaging
- Regular accessibility audits and improvements
Environmental Responsibility
As a platform serving the scrap and recycling industry, we recognize our role in promoting environmental sustainability. We:
- Support compliance with environmental regulations in the scrap industry
- Promote sustainable and responsible recycling practices
- Encourage proper waste management and disposal
- Provide resources on environmental compliance for users
- Foster a marketplace that contributes to the circular economy
Corporate Governance
Governance Framework
MOBEIUS TECHNOLOGIES PTY LTD operates under a robust corporate governance framework:
Board Oversight
Clear lines of authority and decision-making processes, with proper oversight of company operations and strategic direction.
Risk Management
Comprehensive risk assessment and management procedures to identify, evaluate, and mitigate business risks.
Financial Controls
Robust financial management and reporting systems ensuring accuracy, transparency, and compliance with accounting standards.
Ethical Conduct
Code of conduct and ethical guidelines for all employees, contractors, and stakeholders.
Continuous Compliance Monitoring
Compliance is not a one-time achievement but an ongoing commitment. We maintain compliance through:
- Regular reviews of applicable laws and regulations
- Internal compliance audits and assessments
- Staff training on compliance requirements
- Updates to policies and procedures as regulations evolve
- Engagement with legal and compliance professionals
- Prompt response to regulatory changes
- Documentation and record-keeping of compliance activities
Regulatory Reporting
We maintain transparency with regulatory authorities through:
- Annual returns and financial statements to ASIC
- Tax reporting and payment to the ATO
- Business Activity Statements (BAS) for GST
- Compliance reports as required by applicable regulations
- Data breach notifications when applicable under privacy laws
- Cooperation with regulatory inquiries and audits
Compliance Inquiries
For questions about our compliance framework, regulatory adherence, or governance practices:
Compliance & Legal Inquiries:
admin@scraptrade.com.au
General Information:
info@scraptrade.com.au