The Consumer Data Right passed another milestone this week, with non-major ADIs required to meet additional data sharing requirements. But there are still a lot of ADIs not up to speed.

Non-major ADIs started sharing consumer data in July, when they were expected to make savings, at-call and term deposit account details available to customers and their accredited data recipients.

Other “phase 1” data included cheque accounts, personal transaction, credit and charge card accounts, and business credit account.

Under phase 2, which started on November 1, non-major ADIs must share data on residential home loans, investment property loans, mortgage offset accounts and personal loans.

When phase 3 starts next February, non-major ADIs will be required to share consumer data on personal and business overdrafts, business finance, investment loans, lines of credit, cash management accounts, pensioner deeming accounts, retirement savings accounts, trust accounts, foreign currency accounts and consumer leases.

Major ADIs have, in theory, been providing all this data since February this year.

But many ADIs have struggled to meet obligations under CDR and the list of businesses with exemptions or rectification plans is long.

There are more than 30 ADIs on an Australian Competition and Consumer Commission rectification schedule that are not active on the CDR register and are working to rectify their non-compliance.

Among those that do not expect to be able to provider customer data until next year are Australian Unity Bank, Auswide Bank, BNK Banking Corp, PayPal Australia and Rabobank Australia.

The ACCC also has an exemptions register, listing ADIs that have sought exemptions from providing some or all of the data required under CDR. Since July exemptions have been granted to Cuscal, Westpac, Beyond Bank, Judo Bank, National Australia Bank, Citigroup, Commonwealth Bank and Volt Bank.