Consumer data right framework to be established
“Consumers should be in the driver’s seat when it comes to how their personal information is used by third parties,” David Clark said.
Devdiscourse News Desk | Wellington | Updated: 06-07-2021 09:53 IST | Created: 06-07-2021 09:53 IST
The Government aims to make the second round of detailed policy decisions on the consumer data right framework later in 2021 and will look to introduce legislation in 2022. Image Credit: Wikimedia commons
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The Government has agreed to establish a consumer data right framework for New Zealand, Commerce and Consumer Affairs Minister David Clark announced today. Consumers should be in the driver s seat when it comes to how their personal information is used by third parties, David Clark said.
Business Scoop » Govt Agrees To Establish A Consumer Data Right
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Govt Agrees To Establish A Consumer Data Right
scoop.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from scoop.co.nz Daily Mail and Mail on Sunday newspapers.
2021-06-10 11:35:21 GMT2021-06-10 19:35:21(Beijing Time) Xinhua English
WELLINGTON, June 10 (Xinhua) A new share trading market, designed as a gateway to the NZX for small- and medium-sized enterprises (SMEs), has been granted a license by the New Zealand government on Thursday.
Commerce and Consumer Affairs Minister David Clark said Catalist Markets Ltd will provide a simpler and more affordable stepping stone for SMEs to raise capital. The Catalist market will open for trading on June 21. This is a big win for kiwi businesses and it ties in well with the government s focus on securing an economic recovery in the wake of COVID-19. Through Catalist, SMEs looking to grow into larger enterprises have a new means of getting there, Clark said.