The Consumer Data Right Rules 2021 provide a detailed regulatory framework to operationalize the consumer data-sharing provisions detailed under the Consumer Data Right framework in Australia. They set requirements for accredited data holders and recipients, including processes for data requests, privacy safeguards, joint account permissions, consumer consent management, and data standards development. Notably, the rules also specify obligations for data de-identification and deletion, measures for data integrity and security, and internal and external dispute resolution mechanisms. Additionally, the rules include provisions for accrediting participants and ensuring compliance with privacy obligations.
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