ING Bank Australia pays $53,280 CDR compliance penalties
ING Bank (Australia) Limited issued infringement notice penalties affecting Australian Competition and Consumer Commission (ACCC) on December 16, 2022.
- Primary
- ING Bank (Australia) Limited
- Counterparty
- Australian Competition and Consumer Commission (ACCC)
- Structure
- infringement notice penalties
- Date
- December 16, 2022
- Sub-sector
- Financial Data / Open Banking
ACCC enforcement against CDR non-compliance signals regulatory scrutiny of open banking implementation and data-sharing obligations in Australia.
Source: theadviser.com.au