Australia: 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
Description
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…
Scope
Policy Area
Consumer protection
Policy Instrument
User/subject right
Regulated Economic Activity
other service provider
Implementation Level
national
Government Branch
executive
Government Body
consumer protection authority