which 1 body do shareholders need to watch for regulation?
there are way more than 1. Afterpay is a global company (there are very many global markets they are not, yet, in to be clear and upfront). Regulation in Australia will be different to the US, UK, NZ and Canada. They have already made one mistake at state level in the US (an oversight more than anything, but does show some of the complexity they have to deal with).
I also see it as different to CC's for retailers as they have a choice of whether to offer it or not. Visa/MC are so big that retailers must offer them, so lobbied to get the ability to recover fees. If they don't want to offer AfterPay they don't have to.
APT Price at posting:
$79.98 Sentiment: Hold Disclosure: Held
