Accredited Data Recipient - Australian Government

Description

You will require this accreditation if you are a bank or fintech that intends to provide a product or service using consumer data. 'CDR data' is information that is:

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

Please consult the Contact Officer for more information.

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
  • 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.

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

Task Business Structure Resources
Apply All CDR Portal (Opens in new window)

Transfer

Accreditation cannot be transferred.

Administering agency

Australian Competition and Consumer Commission