Exemption for Australia and New Zealand Banking Corporation Limited

On 4 November 2021, the Australian Competition and Consumer Commission (ACCC) granted an exemption under section 56GD of the Competition and Consumer Act 2010 (Cth), to Australia and New Zealand Banking Corporation Limited (ANZ), deferring its product reference data and consumer data sharing obligations for its new ‘ANZ Plus’ brand products until 31 March 2022. The exemption also defers the obligation to make a CDR policy available on ANZ Plus branded online services until 31 March 2022. The ACCC granted the exemption in response to an application from ANZ.