Financial Rights has made a series of submissions to the Productivity Commission’s Data Availability and Use Report, Open Banking Review, Treasury’s Consumer Data Right legislative development, the ACCC CDR Rules and Treasury’ Privacy Impact Assessment outlining our concerns.
The current Consumer Data Right (CDR) legislation addresses few of these concerns and those concerns that is does seek to deal with, it fails to address in any comprehensive manner.
Consequently, Financial Rights believes that the draft CDR legislation (and approach) is flawed in a significant number of ways. We outline those here.
