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On 21 October 2021, the Australian Competition and Consumer Commission (ACCC) granted an exemption under section 56GD of the Competition and Consumer Act 2010 (Cth) to Citigroup Pty Ltd for all closed Virgin Money Australia Online Saver accounts it issued on behalf of Bank of Queensland Limited.
On 21 October 2021, the Australian Competition and Consumer Commission (ACCC) granted an exemption under section 56GD of the Competition and Consumer Act 2010 (Cth) to Commonwealth Bank of Australia (CBA) from its obligations to share consumer data for its subsidiary brand, Bankwest, in respect of specified obsolete product lines.
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