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Press pause on CDR, urge accounting bodies

Press pause on CDR, urge accounting bodies

The three professional accountancy bodies have joined forces to recommend a pause in the expansion of the consumer data right (CDR) into non-bank lending and a thorough review of the system first.

by Shared from accountantsdaily.com.au | Apr 19, 2022

IPSASB seeks comments on measurement proposals

The submission rejected a claim by Treasury that the move would give consumers “immediate visibility” of their total obligations due to implementation issues, and urged consolidation of the current regime as a priority.