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Treasury's CDR Sectoral Assessment for the Open Finance Sector

by AFIA

14 April 2022

AFIA has lodged a submission to Treasury’s CDR Sectoral Assessment for the Open Finance sector - Non-Bank Lending.

The submission reflects AFIA’s support for efforts to encourage opt-in by non-bank lenders by streamlining accreditation. It also emphasises that obligatory designation is not appropriate for small lenders and products with small customer bases, below specific thresholds. The submission suggests a pathway towards CDR accreditation for lenders that graduate from these thresholds.

Download Submission

Categories: Submissions