Bankers wary of terror rules

The nation's banks are demanding statutory protection in return for taking part in the Federal Government's “trusted information sharing network” (TISN), aimed at preventing terrorism and e-crime. TISN participation means that the banks would have to hand over confidential information on their customers and security systems. The Australian Bankers' Association wants protection for banks, similar to that given to the Australian Taxation Office for sharing its information on taxpayers.

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