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CBA can ignore data-portability obligations on Nauru, Australian watchdog says

( May 27, 2025, 02:19 GMT | Official Statement) -- MLex Summary: Commonwealth Bank of Australia has been granted a permanent exemption from competition laws, which will allow it to sidestep its consumer data-sharing obligations arising from products offered to retail and business customers on the Pacific island of Nauru. In an exemption instrument, the Australian Competition & Consumer Commission said that it had granted an exemption to the provisions of the Consumer Data Right following an application by the bank. The regulator provided no explanation about why it had granted the bank the CDR exemption.The ACCC ruling is attached; its brief statement is below: ...

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