Exemption for Members Equity Bank Limited

On 24 June 2021, the Australian Competition and Consumer Commission (ACCC) granted an exemption under section 56GD of the Competition and Consumer Act 2010 (Cth) to Members Equity Bank Limited (ME Bank) deferring the commencement dates of its phase 1, phase 2 and direct-to-consumer data sharing obligations until 1 July 2022. The ACCC granted the exemption in response to an application from ME Bank.