The future of open banking and the Joint Regulatory Oversight Committee

Concept note

The future of open banking and the Joint Regulatory Oversight Committee

This comprehensive overview details the strategic evolution of UK open banking under the guidance of the Joint Regulatory Oversight Committee (JROC). Established in 2022 and co-chaired by the FCA and the PSR, the JROC was formed to oversee the transition from the initial implementation phase to a permanent, sustainable regulatory framework.

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