Australia: Competition and Consumer Commission investigation into National Australia Bank Limited over alleged contraventions of data disclosure requirements under the Consumer Data Right Rules
Progress
Current status
in force
19 Jun 2025 in force
Scope
Implementers
Australia
Policy Area
Consumer protection
Policy Instrument
User/subject right
Regulated Economic Activity
other service provider
Government Branch
executive
Government Body
consumer protection authority
Implementation Level
national
Timeline of events
Competition and Consumer Commission issued ruling in investigation into National Australia Bank Limited over alleged contraventions of data disclosure requirements under the Consumer Data Right Rules
On 19 June 2025, the Australian Competition and Consumer Commission (ACCC) announced that National Australia Bank Limited (NAB) paid penalties totalling AUD 751,200 for alleged contraventions of the Consumer Data Right (CDR) Rules. The fine followed…
SourceEvent type
investigation
Action type
ruling
Government branch
executive
Government body
consumer protection authority