business.gov.au

Accredited Data Recipient - Australian Government

Description

You need to apply to become an accredited data recipient if you intend to use a consumer's CDR data to provide a product comparison, specific service or product, or create new products or services. Accredited data recipients are service providers who receive a consumer’s data after the consumer has given their consent. 

Consumer Data Right (CDR) data is a consumer's real data information, that is:

  • within a class of information specified in the designation instrument for each sector
  • wholly or partly derived from CDR data.

Service type

Licence

A licence defines the need to obtain recognition / certification and registration to undertake a certain business activity.

Eligibility requirements

To become accredited you must demonstrate that you:

  • are a fit and proper person/organisation to manage Consumer Data Right data
  • are able to take the steps required to adequately protect CDR data from misuse, interference, loss, unauthorised access, modification or disclosure
  • have internal dispute resolution processes meeting with the requirements of the CDR rules
  • are a member of a relevant external dispute resolution scheme
  • have adequate insurance to compensate customers for any loss that might occur from a breach of their CDR-related obligations
  • have an Australian address for service.

After receiving your accreditation, you will need to pass CDR on-boarding requirements before accreditation can take effect.

Ongoing eligibility requirements

You must comply with the conditions of your accreditation and the Consumer Data Right Rules.

Fees

Fees Details for this service in table format.

Task Type Business Structure Description
Apply Application All

Please consult the Contact Officer for information on fees to be submitted.

Forms

Act(s) name

Competition and Consumer Act 2010 Australian Government

Transfer

Accreditation cannot be transferred.

Administering agency

Australian Competition and Consumer Commission

Contact details

Contact Email, Phone and Address Details for this service in simple two column table format, header then data.