Consumer Data Right – Non-Bank Lending draft designation instrument

This consultation process has now been completed.
Date
-
Consultation Type
Exposure Draft

Key Documents

The Strategic Assessment Outcomes report on 24 January 2022 identified the non‑bank lending sector, merchant‑acquiring services and key datasets in the general insurance and superannuation sectors as the next priority areas to expand the Consumer Data Right (CDR).

Treasury conducted a sectoral assessment on applying the CDR to the non‑bank lending sector, to inform the Minister’s decision on whether to designate the non‑bank lending sector and in what form.

The sectoral assessment concluded on 19 August 2022, with the Government announcing the release of Treasury’s final sectoral assessment report recommending the non‑bank lending sector be designated for the CDR.

The Government is seeking feedback on the draft designation instrument, which sets out the scope of datasets and data holders proposed to be designated in the non‑bank lending sector, before the Minister makes a final decision.

Submissions

No submissions are currently available.