Exemption for Bank of Queensland Limited

On 22 February 2024, the Australian Competition and Consumer Commission (ACCC) granted an exemption under section 56GD of the Competition and Consumer Act 2010 (Cth) to Bank of Queensland Limited (BOQ) from certain obligations under the CDR Rules in respect of sharing consumer data held on the ME Bank legacy platforms relating to customers that have been migrated to BOQ’s cloud-based digital retail banking platform. The ACCC granted the exemption in response to an application from BOQ.