Draft Privacy Safeguard Guidelines for the Consumer Data Right

Draft Privacy Safeguard Guidelines for the Consumer Data Right

The Office of the Australian Information Commissioner (OAIC) is seeking feedback on the draft Privacy Safeguard Guidelines for the Consumer Data Right (CDR).

The CDR will start in February 2020 in the banking sector, giving individual and business consumers greater ability to use their data to compare and switch between products and services.

The OAIC will regulate and enforce the privacy aspects of the scheme, and we’ve released draft Guidelines to help industry understand their obligations to ensure that consumers can transfer their data with their consent, safely and securely.

The guidelines are primarily aimed at organisations who will be handling CDR data. We also welcome comments from consumers and other interested stakeholders.

You can read the draft guidelines here.

The closing date for comments is Wednesday 20 November 2019.