--- title: Regulation Writes The API | daily.dev description: Australia's Consumer Data Right (CDR) is what made banking and energy APIs programmable, not market initiative. Of 227 large Australian companies analyzed, 31... canonical: https://daily.dev/posts/regulation-writes-the-api-ypqxeebmu twitter:card: summary_large_image twitter:site: @dailydotdev og:type: website og:site_name: daily.dev og:title: Regulation Writes The API | daily.dev og:description: Australia's Consumer Data Right (CDR) is what made banking and energy APIs programmable, not market initiative. Of 227 large Australian companies analyzed, 31... og:url: https://daily.dev/posts/regulation-writes-the-api-ypqxeebmu og:image: https://api.daily.dev/og/posts/ypqXeeBMU.png og:image:alt: Regulation Writes The API og:image:width: 1200 og:image:height: 630 og:locale: en --- > ## Documentation Index > Fetch the complete documentation index at: https://daily.dev/llms.txt > Use this file to discover all available pages before exploring further. # Regulation Writes The API **[API Evangelist](https://daily.dev/sources/apievangelist)** · 4 min read · 0 upvotes · 0 comments ## Summary Australia's Consumer Data Right (CDR) is what made banking and energy APIs programmable, not market initiative. Of 227 large Australian companies analyzed, 31 carry a CDR signal: 22 in banking and finance, 8 in energy, and one elsewhere. Nearly every contract these companies publish is a Consumer Data Standards contract; AMP publishes only its CDR product data. The regulation sets a ceiling too: it covers product data, not actions, and payment initiation has been legislated but no specific actions designated yet. Non-bank lenders joined this year, telco's expansion was paused in 2023, and 41 miners share just one Swagger file. ## Full article daily.dev links to this article rather than hosting it. Read it at the original source: ## Questions this post answers ### What is Australia's Consumer Data Right and how does it affect bank APIs The Consumer Data Right (CDR) is an Australian regulation that requires banks and energy retailers to publish machine-readable data using a shared Consumer Data Standards (CDS) format. Of 227 large Australian companies analyzed, 31 carry a CDR signal, including 22 banks and financial firms and 8 energy companies, and nearly all of their published contracts follow the same CDS shape for product data. _Developers mapping open banking integrations across providers can track standards shifts like this on daily.dev._ ### Can third-party apps make payments on behalf of customers under Australia's Consumer Data Right Not yet. The legal framework for action initiation, allowing accredited apps to act on a customer's behalf such as making a payment, has been legislated, but no specific actions have been designated under it so far. Until designations happen, the Consumer Data Right functions only as a read surface for data like account balances and product information. _Teams planning agent-driven payment features can watch this regulatory gap closing on daily.dev._ ## Similar posts on daily.dev - [In Australian Banking, the API Is a Commodity — CDR Made It Table Stakes](https://daily.dev/posts/in-australian-banking-the-api-is-a-commodity-cdr-made-it-table-stakes-bpgwlwrbx) · API Evangelist · 2 upvotes · 0 comments - [Standards and Artifacts: Why the Agentic Turn Rewards What Australia's Banks Already Ship](https://daily.dev/posts/standards-and-artifacts-why-the-agentic-turn-rewards-what-australia-s-banks-already-ship-culkzeqpi) · API Evangelist · 1 upvotes · 0 comments - [The Most Programmable Sectors In Australia](https://daily.dev/posts/the-most-programmable-sectors-in-australia-fijb9wurf) · API Evangelist · 0 upvotes · 0 comments - [Adaptive Data Governance for EU Regulatory Change](https://daily.dev/posts/adaptive-data-governance-for-eu-regulatory-change-xz1phywtz) · databricks · 0 upvotes · 0 comments - [Canada proposes privacy overhaul that would curb surveillance pricing and give consumers the right to delete their data](https://daily.dev/posts/canada-proposes-privacy-overhaul-that-would-curb-surveillance-pricing-and-give-consumers-the-right-t-pctplhp62) · The Next Web · 0 upvotes · 0 comments --- Tags: [#architecture](https://daily.dev/tags/architecture), [#fintech](https://daily.dev/tags/fintech), [#regulation](https://daily.dev/tags/regulation) [View this post on daily.dev](https://daily.dev/posts/regulation-writes-the-api-ypqxeebmu) ```json {"@context":"https://schema.org","@graph":[{"@type":"Organization","@id":"https://daily.dev/#organization","name":"daily.dev","url":"https://daily.dev","logo":{"@type":"ImageObject","url":"https://daily.dev/apple-touch-icon.png","width":180,"height":180},"sameAs":["https://twitter.com/dailydotdev","https://github.com/dailydotdev","https://www.linkedin.com/company/daily-dev-ltd"]},{"@type":"WebSite","@id":"https://daily.dev/#website","url":"https://daily.dev","name":"daily.dev","publisher":{"@id":"https://daily.dev/#organization"},"potentialAction":{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https://daily.dev/search?q={search_term_string}"},"query-input":"required name=search_term_string"}}]} {"@context":"https://schema.org","@type":"TechArticle","headline":"Regulation Writes The API","url":"https://daily.dev/posts/regulation-writes-the-api-ypqxeebmu","mainEntityOfPage":{"@type":"WebPage","@id":"https://daily.dev/posts/regulation-writes-the-api-ypqxeebmu"},"datePublished":"2026-10-27T11:24:43.209Z","dateModified":"2026-10-27T11:25:14.078Z","description":"Australia's Consumer Data Right (CDR) is what made banking and energy APIs programmable, not market initiative. 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