Exemption for Lithuanian Co-operative Credit Society "Talka" Limited

On 4 December 2020 the Australian Competition and Consumer Commission (ACCC) granted an exemption under section 56GD of the Competition and Consumer Act 2010 (Cth) to the Lithuanian Co-operative Credit Society "Talka" Limited (Talka), deferring the commencement of its Consumer Data Right obligations until 12 months after the date Talka makes online banking available to its customers. The ACCC granted the exemption in response to an application from Talka.