HM Treasury, CMA, FCA and PSR joint statement on Open Banking future
By Financial Conduct Authority UK
This joint statement, issued by HM Treasury, the CMA, the FCA, and the PSR, outlines the strategic roadmap for the next phase of UK Open Banking. It marks a transition from the initial implementation phase—originally mandated by the CMA to break the dominance of large banks—to a long-term, sustainable regulatory framework.
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