ACCC has pointed out on the release of the Consumer Data Right Register & Accreditation Application Platform (RAAP) and the Consumer Data Right Participant Portal that would allow companies to ask to be Accredited Data Recipients.
This step is a major improvement in the provision of the Consumer Data Right which would be possible because of RAAP which is the IT support of the Consumer Data Right.
RAAP’s functions include:
- Creation of a reliable data environment where encrypted data is only shared amongst authorized participants.
- Offer a portal where the companies can apply to be accredited.
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