The Treasury recently unveiled the draft rules ushering in the expansion of the CDR into the Non-Bank Lending sector. In the near future, Non-Bank Lenders meeting certain criteria will be mandated to become Data Holders under the CDR.

Understanding the intricacies of this change and the necessary actions for businesses to take can seem quite daunting. As the most comprehensive Open Banking provider in Australia, Basiq can help you navigate this transition.

Join us for a concise exploration of the Non-Bank Lending landscape under the CDR expansion.