Exemption for Commonwealth Bank of Australia

On 27 May 2025, the Australian Competition and Consumer Commission (ACCC) granted a permanent exemption under section 56GD of the Competition and Consumer Act 2010 (Cth) to Commonwealth Bank of Australia from any product reference data and consumer data sharing obligations under the Competition and Consumer (Consumer Data Right) Rules 2020 (CDR Rules) that will arise from CBA products that will be offered and/or provided to retail and business customers in Nauru. The ACCC granted the exemption in response to an application from Commonwealth Bank of Australia.