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On 16 December 2021, the Australian Competition and Consumer Commission (ACCC) granted an exemption under section 56GD of the Competition and Consumer Act 2010 (Cth) to Westpac Banking Corporation (Westpac) deferring its consumer data sharing obligations for certain foreign currency account and equipment finance products offered through its St George, Bank of Melbourne and BankSA brands until 1 November 2022.
On 16 December 2021, the Australian Competition and Consumer Commission (ACCC) granted an exemption under section 56GD of the Competition and Consumer Act 2010 (Cth), to Teachers Mutual Bank Limited (TMBL) from its obligation to share consumer data relating to transactions that occurred prior to 1 November 2020 in respect of former members of Pulse Credit Union Limited. The ACCC granted the exemption in response to an application from TMBL.
On 16 December 2021, the Australian Competition and Consumer Commission (ACCC) granted an exemption under section 56GD of the Competition and Consumer Act 2010 (Cth) to Arab Bank Australia Limited (Arab Bank) deferring its consumer data sharing obligations until 3 November 2022.
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