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DTA timeline

An indicative implementation timeline for the Deposit Takers Act (DTA).

2023

July

  • Deposit Takers Bill passed

August to September


2024

March to May

March

  • Proportionality framework published

May to August

August to November

By the end of 2024

  • DTA regulations (tranche 1) made

2025

July

  • DCS commences on 1 July

October to December

  • Consultation on exposure draft and guidance of core standards

2026

February to April

  • Consultation on exposure draft and guidance of non-core standards

First half of 2026

  • Consultation on Crisis Preparedness standard

December

  • DTA regulations (tranche 2)

2027

January

  • Core and non-core standards issued
  • Consultation on exposure draft of Crisis Preparedness standard 

January 2027 to July 2028

  • Licensing process

2028

July

  • All DTA standards commence

Mid 2028

  • Crisis Preparedness standard issued

2029

July 

  • Legislative backstop

Mid 2029

  • Statement of Approach to Resolution published (before the first anniversary of the commencement of subpart 2 of Part 7 of the DTA)