OPEN BANKING’S SHAMBOLIC ROLLOUT OPEN BANKING’S SHAMBOLIC ROLLOUT 13 April 2021 5:03AM A large number of banking institutions have applied for exemptions from the operation of the scheme. The ACCC has issued exemptions from provisions of the consumer data right regime to 23 institutions since June last year. Most of those exemptions are still in force. It continues to grant them. Last week, Newcastle Permanent Building Society was granted a delay to the commencement date for consumer data sharing for all products until June next year. The scheduled commencement date for some of the data is July 1. Among those granted exemptions are Commonwealth Bank, NAB, Westpac, Macquarie Credit Union, Bendigo and Adelaide Bank (in respect of its subsidiaries), Auswide and Teachers Mutual Bank.