ING Bank pays CDR compliance penalties
ING Bank (Australia) Limited issued Infringement notices and penalties affecting ACCC on December 16, 2022.
- Primary
- ING Bank (Australia) Limited
- Counterparty
- ACCC
- Structure
- Infringement notices and penalties
- Date
- December 16, 2022
- Sub-sector
- Financial Data / Open Banking
Bank fined for missing CDR data-sharing deadlines and misleading consumers, signaling regulator enforcement on open banking compliance.
Source: miragenews.com