These guidelines provide examples for how to implement requirements related to changing disclosure options for joint accounts.
Overview
Data holders must provide joint account holders with a disclosure option management service. This service must allow joint account holders to:
- change the joint account to a more restrictive disclosure option;
- propose a change on a joint account to a less restrictive disclosure option; and
- respond to the proposal to change to a less restrictive disclosure option
The guidelines in this section focus on changing to a non-disclosure option in accordance with rule 4A.7, and obtaining agreement on change to a less restrictive disclosure option with accordance to rule 4A.8.
For further guidance, see ACCC's Revised joint account implementation guidance.
Wireframes and guidelines
Note: The wireframes shown are examples of how to implement key rules, standards, and guidelines. Use the on-screen functions to adjust zoom level or expand the wireframes to be viewed at full screen.
Change to a non-disclosure option
The following wireframes show an example of changing a disclosure option to a more restrictive option. In this example, account holder A (AH-A) changes the disclosure option from pre-approval option to non-disclosure option.
Change to a less restrictive disclosure option
The following wireframes show an example of changing a disclosure option to a less restrictive option. In this example, account holder A (AH-A) proposes to change from non-disclosure option to pre-approval option.
Download open source asset
Open sources design assets are created in Figma for the purposes of assisting implementation. This Figma file contains annotated wireframes and working prototypes for Joint account disclosure option management service, including:
- Change to non-disclosure option
- Change to a less restrictive disclosure
| Item | File | Date released | Version introduced |
|---|---|---|---|
June 8, 2022 | 1.17.0 |
For past versions, refer to Change log.
About this page
References
The artefacts on this page were informed by the following sources.
| Title | Author | Year | URL | Type |
|---|---|---|---|---|
DSB | 2021 | Consultations | ||
DSB | 2021 | Consultations | ||
Treasury | 2021 | Consultations | ||
DSB | 2021 | Consultations | ||
DSB | 2021 | Consultations | ||
ACCC | 2021 | Guidance |
Last updated
This page was updated @November 9, 2023
Have your say
Community consultations and maintenance are part of our ongoing process. Here’s how you can get involved:
- Request new Guidelines or changes to existing Guidelines through the Guidelines Consultation process
- Request new Standards or changes to existing Standards through the Standards Maintenance process
- Log a ticket for any questions about the rules, standards, or guidelines through the CDR Support Portal
- Email your feedback to cx@consumerdatastandards.gov.au
Quick links to CX Guidelines:
→ cx@consumerdatastandards.gov.au → cx.cds.gov.au | cds.gov.au
