Video 131 covers the outcomes of Maintenance Iteration (MI) 20.

Binding Standards Made for Decision Proposal 350

The Chair has now made binding standards in relation to Decision 350 for:

• CDR Receipts
• 90-day notifications
• amending consents

On 9 August 2024, the Hon Stephen Jones MP, Assistant Treasurer and Minister for Financial Services, addressed the Committee for Economic Development of Australia. The Minister also announced a reset to the Consumer Data Right (CDR) that builds a CDR framework that better serves consumers and facilitates CDR adoption. As part of the reset, the Minister wrote to the Data Standards Chair to secure alignment with that new direction through an articulation of expectations.

In response to the Consumer Data Right compliance cost review report the DSB has consulted with the CDR community in relation to the Standards Assessment Framework and ecosystem change cadence. The DSB presented these findings and the response to the Report at the October 2024 Data Standards Advisory Committee.

In response to the Consumer Data Right compliance cost review report and consultation on Noting Paper 346 - Standards Assessment Framework, we have updated the content in Noting Paper 345 – Data Standards Body Capability, Consultation Process and Operating Model and renamed the file. These updates have been made to incorporate the Standards Assessment Framework into DSB’s existing consultation and Standards development processes.

Latest release of the Consumer Data Standards on 21 October 2024.